New buying opportunity in Unity Software (U)

Written By Venu .

October 11, 2024: Unity software (U) can be a good buying opportunity here. Several small caps are breaking out of long consolidations, and it's an excellent time to increase exposure to these stocks.

See the chart analysis below.

U is at the brink of entering stage 2.

Daily chart: See the accumulation volume pattern since August. This appears to be breaking out now after few days of tight consolidation.  

Weekly chart: Building the right side and consolidating above 10 and 21 week moving averages. 


Venu .
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