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MarketIntel
Mar 7, 2024 7:28 PM

UnitedHealth: One Last Dip 💦 Short

UnitedHealth Group IncorporatedNYSE

Description

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UnitedHealth's share price has fallen sharply in recent weeks. However, it showed a reaction at the support level of $472.12 and has now risen a little. Our expectation is that it is currently working on the magenta wave (Z), the last sub-wave of the green wave (B). As part of this movement, the price should dip below the support level and form a low there. Only then should the price turn around.
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