UNFI is still showing strength.

UNFI Analysis


8/13/20221 min read

This idea is a UNFI analysis.

UNFI broke out of the downtrend channel last week, and it has been moving up since then.

It reached the resistance level, and the price is back down to the support levels.

The Middle Bollinger Band can help push the price up. However, since the RSI is also overbought, we might experience consolidation around that price range.

The second resistance level can be our potential target in case the market pumps the price back up.

The Speedometer indicator shows Buy volumes on the market for UNFI on a 1D interval.

Now have in mind: ANY news about this coin can cause a big pump or dump at this moment!

Let me know if you guys have any questions;

I will be more than happy to help.

Good luck, and thank you.