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Chart Talks: Can Unity Software achieve key breakout?
Event Description
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- $Unity Software (U.US)$ has challenged the $42-$43 resistance level twice since last November's low. With Apple's June 5 announcement of it Show More
- $Unity Software (U.US)$ has challenged the $42-$43 resistance level twice since last November's low. With Apple's June 5 announcement of its partnership with Unity on Apple Vision Pro, Unity has seen a spike in volume and is on track for a recent close above $43.
- While it may still pose some resistance in the near term, Unity has found support at the 38.2% Fibonacci retracement on the recent rise, which may be a stopping point for those making long trades.
- While the overall market sentiment has now turned more bullish, the market may sell off afterward due to the upcoming FOMC meeting.

Technical analysis view:
1) Do you think Unity will achieve a key breakout next week?
2) Do you think it is the right time to go long or short $Unity Software (U.US)$ ?

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