US Q2 earnings this week – Citi, JP Morgan, Bank of America, Wells Fargo, UnitedHealth This week we get the US big money centres out with earnings. The focus falls on asset quality, loan growth/contraction, net interest margins (NIM) and any commentary on the recent tightening of broad financial conditions. When we look at the companies included in the US30,...
United Health Group Incorporated (UNH) broke above the Lower Highs trend-line that has been holding since the October 31 2022 All Time High (ATH). That is a major bullish break-out signal alone but has one last short-term Resistance to overcome, Resistance 1 (516.00) which happens to be exactly on the 0.618 Fibonacci retracement level. If that Resistance level...
Planning to sell UNH at 512.50 with a stop loss above 530 as there is a lot of resistance at that level and it will be a very good level to sell with a pattern on H4 and M15 will be overbought by then with a double top present. We are planning to sell this based on the divergence present and this being the third top.
Hello Traders Investors And Community, welcome to this analysis where we are looking at the selected single stock value UNH (UNITED HEALTHGROUP INC) the recent events within it, the current interesting price-formation and what the stock can provide in order for possible upcoming trading opportunities. As I pointed out already in previous analysis there are stocks...
UNH after earnings with a mild beat in mid July, price shot up for one week then went sideways and then pulled back in the past week. Price is now at 497 and under the dynamic resistance of the first deviation line above the mean VWAP. The dual time frame shows a good pattern with the shorter TF of 3 minutes in green above the longer TF of 45 minutes in black....
OSCR on the daily chart is shown near to but below the POC line on the volume profile anchored in April. The ZL MACD has a low amplitude histogram. On the directional index indicator both negative and positive lines are nearly trendless at the 20 level. The price is closer to the lower Bollinger Bands and so a reversion to the mean would be upward price...
United Health Group - 30d expiry - We look to Buy a break of 516.11 (stop at 506.11) Daily signals are bullish. There is no clear indication that the upward move is coming to an end. Price action is forming a bullish flag which has a bias to break to the upside. A break of the recent high at 516 should result in a further move higher. This stock has seen...
Continued weakness should follow for many health care stocks. A bearish breakdown has been observed, this sector does typically get strong technical oversold bounces. I see a daily chart pattern down to sub $126
UNH broke down the trend line . My expectation for the price target in the WEEKLY chart are shown above on the chart.
If you haven`t sold UNH here: or here: Then analyzing the options chain of UNH UnitedHealth Group Incorporated prior to the earnings report this week, I would consider purchasing the 460usd strike price Calls with an expiration date of 2024-1-19, for a premium of approximately $36.25. If these options prove to be profitable prior to the earnings release, I...
United Health is having an incredible price jump today with the price hitting the 1D MA50 for the first time in one month and the 1D timeframe attempting to get out of its neutrality (RSI = 52.965, MACD = -5.780, ADX = 33.018). This state shows that we don't have a confirmed buy signal yet, that will only come if the 1D candle closes over the 1D MA50. If not, a...
A double top is one of the most bearish technical reversal patterns. A Double Top Bearish Chart Pattern forms after an asset reaches a high price two consecutive times. After applying the Elliot Waves Pattern on UNH UnitedHealth Group, we have 2 price targets: $459 and $396. Looking forward to read your opinion about it.
XLV health care has had a tremendous rally as money has moved into these defensive business models. LLY looks primed for a decent pullback .
Perfect candlestick pattern on weekly chart, as a swing trader i would enter this trade but for me share is undervalued and maybe i would wait for a decline to look for long position entry for long term investment.It's not advice for trading just idea .
If you haven`t sold the Double Top: Then looking at the UNH UnitedHealth Group Incorporated options chain ahead of earnings , i would buy the HKEX:520 strike price Calls with 2023-4-21 expiration date for about $6.20 premium. If the options turn out to be profitable Before the earnings release, i would sell at least 50%. Looking forward to read your opinion...
On Friday 14th April 2023 UnitedHealth Group reported full year and fourth quarter 2022 results reflecting broad-based growth at Optum and UnitedHealthcare. Revenues of $324.2 Billion Grew 13% Year-Over-Year, with Double-Digit Growth at both Optum and UnitedHealthcare Cash Flows from Operations were $26.2 Billion or 1.3x Net Income Full Year and Fourth Quarter...
Initial Notes - Personally did not trade today, Analysis was on point, rest of week should be exciting SPY - So it looks like scenario 3 that I mentioned on my list last night played out today. We saw both targets to the upside and downside get hit. Premarket we were about 15 cents off of the upside target before opening and pushing higher than yesterdays high....
… or what was that saying again? Anyway, after a short hiatus, the bears in our United Health-chart should regain their health and get back to work. They should soon push the share below the support at $456.73 and from there into the dark green zone between $427.67 and $391.43, where wave A in dark green should end. This low should then be followed by a...