Falling Wedge

UnitedHealth Group IncorporatedNYSE

Description

⋅ Jul 14, 2023 6:20 PM

Earnings beat.
Opposite of a rising wedge as both trendlines slope down and narrow at the apex.

Price is at the resistance line of the structure.
No recommendation

Comment

⋅ Jul 17, 2023 4:17 PM

7-17
Price has not broken the resistance line of the wedge

Comment

⋅ Jul 20, 2023 4:49 PM

7-20
Falling wedges are bullish when top line is broken with an uptrend.

Chart Patterns