$UNI is looking pretty weak right now.
We had a nice run up, but then got rejected hard from around $8.70.
Since then, it's been a pretty clear downtrend.
We found some temporary support around $7.00, but it looks like we're retesting that area now.
Volume on the downside has been consistent, not really seeing strong buying interest to push it back up.
If $7.00 breaks, we could easily see $UNI head towards the previous low around $6.70.
A bounce here would need to clear $7.50 to show any real strength.
Bears definitely have the upper hand for now.