UNITDSP has reached a very important falling trendline resistance that has been pushing the stock down for months.
Right now, the price is hovering exactly at this trendline and moving sideways in a tight consolidation (triangle shape).
This shows that both buyers and sellers are fighting for control here.
What this means:
If the price breaks above this trendline,
it can start a fresh upward move
If it gets rejected again,
the stock may dip back lower
This area is a decision point – the next big move will depend on how the price reacts at this trendline.
Right now, the price is hovering exactly at this trendline and moving sideways in a tight consolidation (triangle shape).
This shows that both buyers and sellers are fighting for control here.
What this means:
If the price breaks above this trendline,
it can start a fresh upward move
If it gets rejected again,
the stock may dip back lower
This area is a decision point – the next big move will depend on how the price reacts at this trendline.
Trade active
UNITDSPR respected the support trendline perfectly and has started bouncing from the exact zone marked.Support reacted → buyers stepped in → price moving up ✔️
Trendline = still active and reliable.
SiripiVenu
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
SiripiVenu
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.