To The Moon

Find out more about me at [YouTube Channel] – nerdbull1669

Last week, U.S. indexes was down more than 1% on several days, Unicycive Therapeutics (UNCY) therapeutics stock seem to perform much better. Here is what my model have predicted and what I have observed.

When All 3 U.S. indexes was down more than 1% on 07, 09, 10 March 2023, Unicycive Therapeutics (UNCY) seem to perform better.

How Unicycive Therapeutics (UNCY) have performed over the last week

$Unicycive Therapeutics, Inc.(UNCY)$ has not performed exceptionally well on 7 March, close with only a small percentage of ~2.7%. 08 March - close with 12.5%, 09 March - close with ~7.85%. There was a positive news of spending $130 million to commercialize the product.

This could have help to disperse the earlier high cash burn rate that Unicycive Therapeutics (UNCY) is having.

This is what my prediction was for Unicycive Therapeutics (UNCY) on 10 Mar 23.

The model has predicted 10 Mar 23 to be a volatile day, hence, SQQQ was predicted to be a BUY, true enough, the market did see a short uptrend on TQQQ, but at the end of session, SQQQ was up more than 4%.

Even though we have a positive job report, market does not react well to it, because of SVB bank issues. The model predict that SVB bank rescue plan would fail.

How I have traded Unicycive Therapeutics (UNCY) during Pre-market

To prove that what the model predict is correct, I decided to trade Unicycive Therapeutics (UNCY) in pre-market. Not bad for more than 10% gain.

True, enough it did perform very well through these 2 session (premarket and live). It even hit 2.83 HIGH in actual trading session.

I decided to enter below the resistance predicted, and watch the movement in pre-market. I managed to exit just before it went downwards after 8.20pm.

I believe this stock (Unicycive Therapeutics (UNCY)) would go above its IPO price of $3.50.

@TigerStars appreciate if you could feature this article so that fellow tiger would benefit from my trading thoughts.

Disclaimer: The analysis and result presented does not recommend or suggest any investing in the said stock. This is purely for Technical Analysis, and there are many other indicators that need to be look at together. (e.g., Price Action, Volume, etc.).