Bullish Swing Trade on UNH
Updated
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.
Trade active
I closed 40% of the trade and trailed the stop up to breakeven plus $7.00Trade closed: stop reached
The remaining part closed on thursday Jun 2 2022
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