RedHotStocks

UNITEDHEALTH IS A STRONG BUY ON TECHNICALS AND FUNDAMENTALS

Long
NYSE:UNH   UnitedHealth Group Incorporated
The first four months of 2019 has been very uncomfortable for investors in the healthcare services sector, UNH was one of the last stocks to crumble in the last quarter of 2018 as investors rushed to cash. Interest is now back in the sector as tech is becoming overbought once again, oil tumbles and retail dwindles, UNH is the safe haven once again. Expansion worldwide, hiring growth,great earnings, guidance raise and less political attention have turned the chart bullish, as a major correction has reversed and is making its way back through resistance levels back to it's all time high level soon.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.