Be careful with UNH

By NickWA
Updated
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.
Comment
So instead of hitting resistance and dropping after a huge month-long run, UNH broke out in a big way this week. Former resistance now becomes support.
Chart PatternsdescendingtrendlinetakeprofitsTrend AnalysisUNH

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