Unity has recently had a significant pullback after finishing a solid 1-5 impulse set. This is purely a technical play, trend lines were hard to find here for this due to the ongoing sideways nature over the past year of this stock. I will be making a separate post in the coming weeks about Unity detailing the structural schematic appearing to be an accumulation setup (Referencing Wyckoff accumulation Schematic).
Technical Notes:
The B Wave's height/pullback expected is not known, just made a base assumption off of the top VWAP resistance.
The micro-wave count for the C wave is highly speculative.
Looking for this to play out over the next few weeks.
Technical Notes:
The B Wave's height/pullback expected is not known, just made a base assumption off of the top VWAP resistance.
The micro-wave count for the C wave is highly speculative.
Looking for this to play out over the next few weeks.