I could see the R/R at starting to look for a short up here. Looking for wedge to break.
$UNH had UOA of 22 NOV 290C at .26 stop loss on today's lows.
This descending trendline is problematic. If you bought lower, it may be time to take profits. If you don't have a position, I'd consider shorting the stock and see if you can ride it down to $212 or so.
I think people are being very subjective to the market at this moment. Caution the news coming out. That being said, healthcare sectors from a long term perspective is overbought. I will be shorting UNH for this week. I think there is a good risk reward. I will also be shorting XLV for the long term.
Entry level $257 = Target price $282 = Stop loss $252 Previous target hit and our reversal trade setup has now rewarded us with 15% gains. The golden pocket has been broken through so let it rip higher.
Wait for the fakeout of the monthly HEAD N SHOULDER for a buy
Looking for a base b/o to the upside above 243.40 or to the downside below 241.75.
MMHVWPI - see chart. Institutional support and resistance levels.
Seeing a very consistent dome pattern on the 3D chart. I'd be looking for shorts/puts either on a retest of the dome line or on a break of the support. No trade on this until I one or the other happen.
Possible entry level $222 = Target price $247 = Stop loss $212 P/E ratio 16.32 which is very reasonable. Yield 1.98% Average analyst price target $291 | Buy rating Latest analyst commentary Barclays analyst Steven Valiquette maintained a Buy rating on UnitedHealth yesterday and set a price target of $260.00. The company’s shares closed last Monday at...