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DPby u/devries_pablo·5dAnalysis

Thoughts on UNI breakout potential

I've been watching $UNI closely, and it looks like it's been consolidating in this range for a bit now, testing resistance around the $12.50 area. If we get a clean break above that with some decent volume, I'm wondering if we could see a quick move towards the low $14s, possibly filling that gap from earlier this month. The invalidation for me would be a close back below the $11.80 support; that would suggest this consolidation might continue or we could see a deeper pullback. Just spitballing here, curious if anyone else is seeing something similar or different.

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