Welcome . Arrow . UNH . very negative. And there is more going down. After breaking the uptrend and 500 support
Bears coming out of hibernation on UNH, doji candles meaning indecisive buyers/sellers followed by bearish engulfing candle resulting in a reversal of trend.
UNH is hitting critical support. If it closes below support a topping formation will be on watch. This stock is heavily weighted in the XLV.
The period of market activity following the November CPI pump has been both a choppy grind and hard to get a handle on. I had personally believed that the market makers would run 3,700 long ago, but that we wouldn't set new lows. Turns out, after much deliberation, they ran 4,150 instead and dumped it back to 3,800 but still haven't taken 3,700. When trading,...
The UnitedHealth Group (UNH) hit the Resistance Zone following our last (November 18) signal but as it failed to break through its top, it got rejected: By doing so, the price even broke below the Higher Lows trend-line and the Bullish Megaphone pattern, that were in effect since February 2021. This potentially signals a deceleration on its enormous and...
My Bearish bias is a result of an attempt to again reach highs but a failure and 2-2 continuation to the downside to unfold. Entry in white and possible targets in green.
Welcome to the BasicTrading channel. My name is Philip and in todays analysis I quickly go over the situation which we currently have on UnitedHealth Group. I will analyse the asset both from a weekly and daily timeframe to show you the best possible trading opportunities. If you enjoyed this analysis, let me know in the comment section which asset I should...
I am very bullish on UNH stock. I think it could make new high
The UnitedHealth Group (UNH) has been on a strong 3 day rise since the November 15 Low which was a Higher Low within a hyper long-term Bullish Megaphone pattern, with the trend-line holding since February 22 2021. On top of that it rebounded within the 1W MA50 (red trend-line) - 1D MA200 (orange trend-line) zone, which has more or less priced all prior major...
This line historically held up UNH. See if it does it again
Despite this year's bloodbath of stock prices, UnitedHealth Group (UNH) has shown considerable strength and has continued to the upside. I did want to take a macro look using the monthly chart and noticed a double-top forming. The company does have strong fundamentals with earnings goals being reached every quarter. However, the stock price is showing strain...
UNH has been one of the most bullish stocks through this entire bear market. As such the structure suggests higher prices to come. Great risk-reward setup. NYSE:UNH
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 showing a potential 2-1-2 bearish reversal with an inside shooter candle.
UNH $UNH Initial Short. TP and SL on chart. Move SL on TP. After TP2, trail with 0.5ATR step and 1.5ATR offset.
🔸️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...
With sell in May and go away in play. I thought I'd take a swing trade on UNH it is in a defensive sector(healthcare), which is a rotation method for the summer months. So I'll place a limit order @ 489.00 and a SL @ 454.00 and a TP @ 555.00. The order block and the market cycle (May 13 - Jun 6 2022) are confirmations.