Unity software sees a strong bullish break potentially

U Unity Software is looking at a potential bullish break to the upside as the stock has broken out of the downtrend line which started since Nov 2021. Currently, the stock is in a rangebound consolidative range. Within it, the stock has also a v-shaped rounding bottom and the break above 22.50 resistance turned support has been broken.

Momentum indicator shows return to the upside and hence, we believe that Unity software may be embarking on a upside trend.