The equity trading system Equity Trend will open a long position in UnitedHealth (ticker: UNH) today at the market open - December 3
- Long - UnitedHealth Group Inc. - Ticker: UNH
Each day, the system scans around 10,000 stocks to find just 1 or 2 which are ready to move immediately.
The system combines elements of breakout trading, trend following and...
As we have seen in the chart, we had a short support (Yellow Line) with 5 confirmations (Green Circles) for 5 months that broke today, with the value of UNH shares falling well below what is expected for today.
The fundamental question here is to know if the value of the stock will continue to fall, until when it will continue to fall or if it begins to recover,...
My WT Cross Strategy has alerted me to a buy signal for UNITEDHEALTH GROUP INC.( UNH ), at a price of $262.07 using a 120-min time frame. My idea is to buy the dip, at a price below $262.07. I will update when I get the signal to close the trade.
I am using the following parameters for this trade:
Channel Length - 1000
Average Length - 1
Average Length2 - 10...
From a technical perspective, UNH is a strong long term hold, very bring for a trader because it's volatility. UNH has proven itself in a strong bull channel trend, it even respects the channel support the most, and tends to periodically break through channel resistance before returning to the channel.
1. Rising Wedge - UNH has temporarily...
The Turtles traded liquid futures, but the original turtle rules may be applied to the single stock case.
UNH is trying to recover from its January-February fall, but the recent two long signals from the turtle rules have been failed.
However, it hit the 55-day max last week and another long signal has been triggered.
As this signal is supposedly stronger than...
This stock has been one of the best winners in healthcare over the past few years, in terms of company health, profitability and correlation to stock price action.
All the same, just like with A, the current market uncertainty has left the stock here in a wedge pattern after its earnings report.
Even though the earnings beat estimates, it was not better than the...