UNFI is in a downtrend but is currently holding the support level between $2.35 and $2.51. In the past, whenever UNFI has reached this support, it has bounced back with gains of over 500%.
This support is crucial for UNFI to hold, and based on past rallies, it should rebound from this level soon. For better confirmation, UNFI must break and close above the $3-$3.5 resistance on the weekly timeframe.
Key levels:
- Primary Resistance: $3-$3.5. - Crucial Support: $2.35 to $2.51. - Bullish Confirmation: Breakout and close above the resistance in a weekly timeframe. - Target: 500% Rally. - Invalidation: A weekly close below $1.9.
DYOR. NFA.
Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see!
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.