buy on weakness
UNI Likely to Test $12.30 — Breakout Could Push to $15
I expect UNI to test $12.30 within two weeks and, if it breaks out, to extend toward $15.
Technicals support a bullish view: MACD is positive and RSI is neutral at 56.71, indicating momentum build without being overbought.
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Analysis
MACD turning positive and RSI around 56.7 point to improving momentum and room to run; resistance at $12.30 is a key decision level — a clear break would likely accelerate buying pressure toward $15, ...
Recommendation
I recommend buying on weakness: consider entering on pullbacks to nearby support or after a confirmed breakout above $12.30, with stops below the recent swing low to manage risk.
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.