You can zoom out on daily and look at weekly chart to see price is still near highs. My earlier chart on $XLV and $HUM suggested that this stock will drop when profits are taken from the healthcare sector, when there is a shift in market cycle. Indicators do not confirm a move back to 505 or lower in the short term, but I like the reward to risk in this trade...
The PEAD projected a Bullish outlook for $UNH after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 73.33%.
I have lost count of the number of successful shorts I've had on this say over the last six months.
Momentum flipped, PSAR close to. Elliott is always the main drive to all of our decision making, however.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in...
UNH is testing bottom of channel and I believe it will turn around, maybe with some help of remaining bulls in this oversold market.
Entry: 504.4
TP: 595
SL: 479
This is trying to form a Bull Flag. Go with the flow or don't
Maybe new highs???
Desperation ?
No recommendation and goodnight (o:
Just do not think so but in reality none of us know much of anything i suppose.
What does your gut say?
UNH has been an outstanding play for the number of years without any real signs of weakness. Despite being a darling of many portfolios, market-wide conditions will create conditions that will lead to profit-taking or portfolio reallocations when buying opportunities arise. The impact may be minimal but should lead UNH lower.
🔸️Ticker Symbol: $UNH 🔸️Timeframe: 4H 🔸️4X Bull Pattern 🔸️Investment Strategy: Long
TECHNICAL ANALYSIS: $UNH is currently breaking a strong resistance level in the market at $548.58. I do believe if we can continue in this 4X bull pattern we could potentially see $560 next week on $UNH. Let me know what your investment strategy is.
4X 🟢 Bull Pattern...
🔸️Ticker Symbol: $UNH 🔸️Timeframe: 4H 🔸️Investment Strategy: Long
TECHNICAL ANALYSIS: $UNH is currently trading at a very crucial level in the market sitting at $548.58. Historically looking left this area has acted as a strong level of resistance. However, if $UNH can push higher and break though this area of resistance, I do believe we could see the price of...
Back in July I posted about how $UNH was compressed and not something I am interested in trading.
The stock continued to build the right side of its base and now looking much better.
Focus stock for this week.
Earning: 6/15/2022 Surprise 0.36
Run into Supply Zone
Short 535
Stop 555
Target 500, 450
Risk management is much more important than a good entry point.
I am not a PRO trader.
In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.
UNH is fighting daily to get past, and stay past the .886 fib level.
If it breaks through the white lines, the 1 and the 1.113 could be the next destination.
I am watching and waiting.
No recommendation.
W pattern and is on the 4th leg.
United Health provides healthcare services and reported earnings of 80B in revenue beating estimates. Analysts have a price target of 584 and rank it as a "Strong Buy"
Technicals on $UNH point at a consolidation base period with breakout at all time high which is 553. Options flow has smart money buying December contracts with a Strike of 570 and 575 which is a...
I see conflicting signals and plan to wait on this one.
The chart looks a bit toppy to me.
If I were to invest in this it would be for the long term so buying this at a possible top is not an option for me, but who knows?
This could go up forever for all I know (o:
Folks are mighty bullish on UNH.
W pattern noted and a possible head and shoulders in the works...
