Elliott Wave Technical Analysis: Unity Software, Wednesday, July 12

Unity Software Inc., Elliott Wave Technical Analysis

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Unity Software Inc., (U): Daily Chart, Wednesday, July 12

U Stock Market Analysis: Looking for upside into wave {c} as we seem to be wanting to push higher as we are having the largest retracement ever since the bottom in wave {b}.

U Elliott Wave Count: Wave (ii) of {c}.

U Technical Indicators: Above all averages.

U Trading Strategy: Looking for longs into wave {c}.

TradingLounge Analyst: Alessio Barretta

Unity Software Inc., U: 4-hour Chart,  Wednesday, July 12 

Unity Software Inc., Elliott Wave Technical Analysis
U Stock Market Analysis: Looking for upside into wave (iii) as we keep finding support on the 40$ which previous acted as resistance.

U Elliott Wave count:  Wave i of (iii).

U Technical Indicators: 20EMA as support.

U Trading Strategy: Looking for longs as we see support on the 40$.s


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