$UI, huge ABC pattern confirmed. Price target will be below 188.46. During Earning report season options will be heavily inflated. If you’d like to minimize your risk exposure you may sell a vertical call.
$10 spread
STO $165C
BTO $175C
Your risk exposure should be $.50ish per position for $10.00.
Hopefully you find the chart helpful in terms of Supports & Resistance etc.
we refrain from adding commentary on the chart as that is reserved for our members and we are very conscious of not giving financial or trading advice.
Thank you for taking time to consult our chart and we would really appreciate a like, follow or comment.
Ubiquiti Inc. provides wireless networking products and solutions. The Company offers radios, antennas and management tools for wireless networking and other applications in the unlicensed radio frequency. Ubiquiti Inc., formerly known as Ubiquiti Networks Inc., is based in New York, United States.
Strong EPS and Sales Quarter-on Quarter
Heiken Ashi, HullMA and...
In my experience, 8 out of 10 alerts for lawsuits of almost any type in companies with good market capitalization, are only opportunities and obviously market corrections. Ubiquiti has always had good fundamentals. I had just opened a position, I hope I am not wrong, but nothing is certain in this game.
A lone star in a piece of (poop) market. Low float, strong growth and relatively unknown name. Keep tabs on this.
Positions: 50 shares @320.24 average, cut 50 for profit today at 390.
This is a Bullish indicator signaling UI's price could rise from here. Traders may explore going long the stock or buying call options. Tickeron's A.I. dvisor identified 42 similar cases where UI's MACD histogram became positive, and 37 of them led to successful outcomes. Odds of Success: 88%. Current price $275.44 is above $194.83 the highest resistance line...
$UI is projected to have a slight bullish outlook after a Positive under reaction following its earnings putting the stock in Drift A with the price currently trading between the median line and the Upper boundary of the projected PEAD cone.
If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful...
