Let's talk about $Unity Software Inc.(U)$
The most interesting topic I discuss here is the idea of "break-even" profit takers at the $30 mark
In October, when this first re-entered support you might remember me saying "not yet"
Big money didn't start buying again yet...
Dumb money did...
Price lost support, got accumulated at the next support (largest dark pool on record) and now they it's retesting the upper range ($30), the dumb money who initially bought is now taking their "break-even" loss which is part of the reason why this is currently struggling to get over resistance.
Would I short here?
No.
Let me know what you think
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