UNH trade ideas
UNH - 4H WAITING FOR ACCUMULATION ZONEACCUMULATION ZONE: 208.57 - 212.42
STOP LOSS: BELOW ACCUMULATION ZONE
Short term up, long term trend brokenHealth care being hit hard due to politics, won't affect earnings this year but puts a cloud in the air. Expect short term bounce into earnings
UNH wait for support and sellHello everybody
Here is a brief analysis of the Unitedhealth Group.
We broke through an important zone of resistance (blue line).
Now it is important for me to wait for a return and wait from there for a signal candle which confirms the signal.
I think we will see a retrace between the 50s and 78s fibo. However, the course could turn even at the blue support line.
We are also under the 200 EMA due to the strong sell-off in recent weeks.
enjoy the way
logindaten
$UNH United Health Group has hit hard times.We love the company but not the recent price action, earnings are approaching and we are sitting on the fence on this one. Recent concerns over medicare has hit the entire sector, on April 16th we can assess the earnings report before taking any position in the stock.
$UNH NOT HEALTHY YETRecent discussions regarding the dismantling of the affordable care act has had quite a negative effect on the sector as a whole. It is our opinion that the stock is still in correction and we have a bias that it will continue higher on a break from the descending triangle.
Dow Stocks UnitedHealth Group (UHN)Same with BA (Boeing) had a huge run since 08
Very little in way of support and resistance until we go back down to 08/09 level
Some weekly resistances in red
1 Monthly resistance in Blue
$UNH Bounce Off Supporting TrendlineA good company which, from a technical perspective, seems to be presenting a good buying opportunity
UnitedHealth. The trading system Equity Trend to go long in UNHThe equity trading system Equity Trend will open a long position in UnitedHealth (ticker: UNH) today at the market open - December 3
Stock:
- 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 risk management from Turtle trading.
System: bit.ly
UNH on WatchI like this type of pull back to support above the 20 SMA on lower volume. Need the general market to turn however before entry.
the 4 key levels to me in a $UNH down-trend......same climb for 3 years. <$253 and I'm very interested.
$UNH short entry candidateWatch for this to roll under the 8 EMA and go down to test the 200 MA around $250 as the next level of support.
UNH (NYSE: UNH) broke the support, will continue to fall?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, we will analyze this through three points:
Although the shortest support we had was broken, we must bear in mind that there is another stronger support (Orange Line) that is ready to stop the fall of UNH shares with 4 confirmations (Orange Circles) during the period of 23 months. .
This assures us that although the value of the stock may continue to fall, when approaching the stronger support it is more likely that the fall will be slowed down.
We have to bear in mind that the fall of today was slowed down to the height of the last bounce (horizontal green line) of the minor support, which coincides with S5 yellow. What gives rise to the possibility that tomorrow the price of the stock does not continue to fall, it should rebound.
Finally we have to know that the shares of the company UNH are undervalued if we apply a fundamental analysis, so, in the long term the value of the shares of this company will tend to rise.
We could conclude then that the value of the shares of UNH will go up sooner rather than later , we should analyze then because there was such a sharp drop in the value of the shares of UNH, to explain this we should analyze the supports and the rebounds that had each one of the supports:
If we see the stronger support (Orange Line) we see that it is more stable, we say this because in 23 months he only had 4 rebounds separate by long periods of time. At the short support (Yellow Line) we have 5 rebounds in just 5 months, this is because the slope is tilted more, which makes it a less stable support that ends up breaking when the rate of rise can not be maintained.
Then we can conclude that the stock price will rise again, probably at a lower rate than what it was doing, although it may return to the previous rate.
I thank you very much for your reading and I am open to criticism and questions!
I´m sorry about my english, I try to translate al my analysis from the US and Argentinien market into english.
Regards!
Buy Alert for UNHMy 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
***
I have a Pro+ subscription for Tradingview so this gives me access to more data than someone with a free or even a lower tier sub. More data should enable me to construct a more robust model, so your mileage may vary if you are trying to use this strategy for a free account. Please use caution, and be advised. Good Luck All!
Ascending wedge, expect fall to 235Long term trend line and ultimate bottom trend. Ascending wedge pattern still being respected.
Short term bull, medium term bear (correction), followed by continued up movement along trend
UNH - Strong Long Term Hold (as long as in trend channel)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.
*Interesting Takes*
1. Rising Wedge - UNH has temporarily broken channel resistance and is starting to form a possible rising wedge if it plays out. If it plays out there will be a nice play for a short opportunity for ~10+ points - returning to the 50 EMA, and the original channel.
2. Double Top - though it is not lining up perfect for a double-top formation, it is pretty close & the volume is starting to cooperate with the potential short opportunity.
