UNH trade ideas
UNH SHORTHey there!
Generally speaking, I'm testing my new trading system.
IMHO, it is a great experience to write down all your trades, as it is much easier to analyze them later.
Thus, I'm publishing my ideas here. It will be also great if some of my trades will help all of us to get some profits)
I'm also attaching my risk calculations.
Normally, my risk per trade is 3.5% per trade.
It is much easier for me to trade when I understand what is my risk per position.
P.S. Target area is changing depending on entries (as you could notice I use multiple entries). I'm going to update all the data inculding targets as long as the trade remains opened.
Cheerz!
Strong Sell Signal Triggered On UnitedHealth Group ($UNH) The stock chart has triggered a strong sell on shares of UnitedHealth Group Inc (NYSE:UNH). In recent weeks, following the Donald Trump election victory, UnitedHealth has soared on hopes of deregulation and perhaps even a repeal of Obamacare. Whether this happens or not, the UnitedHealth's stock price already reflects the best case scenarios for the company. Because the best case is already priced in, there is little upside left in the stock near term. In addition, should any outcome occur that is not ideal, the stock has major downside. Based on the stock chart, UnitedHealth Group is likely to fall from its current price of $159 to $140 in the coming weeks/months. Expect serious downside into the first quarter of 2017.
View every trade I take, VERIFIED, right here: verifiedinvesting.com
