Be SafeI see conflicting signals and plan to wait on this one.
The chart looks a bit toppy to me.
If I were to invest in this it would be for the long term so buying this at a possible top is not an option for me, but who knows?
This could go up forever for all I know (o:
Folks are mighty bullish on UNH.
W pattern noted and a possible head and shoulders in the works unless UNH beats prior high of 553.29. But anything is possible I suppose.
I will revisit this.
No recommendation.
CNC has earnings 7-26/Humana 7-27 BMO
UNHD trade ideas
Is UNH Attractive at this Price?Price needs to beat that last high then go on to beat the ATH of 553.29.
Who knows?
Seems a lot of folks are seeking a shelter in healthcare.
I see resistance overhead and prefer more head room. This could pass that resistance without blinking an eye. I wish I knew.
The 20 has crossed Down through the 50.
Earnings 7-15 BMO.
EPS (FWD)
21.69
PE (FWD)
22.15
Div Rate (FWD)
$6.60
Yield (FWD)
1.37%
Short Interest
0.61%
Market Cap
$424.11B
No recommendation
Bullish Swing Trade on UNHWith 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.
$UNH $ANTM $SPY $QQQ I OptionsSwing WatchlistUNH 4H I UNH is forming a bull flag pattern and might be breaking out above $490. There has been unusual options activity betting on a breakout to $500 by June.
ANTM 4H I ANTM is forming a bull flag on the daily and the 4 hour time frame. Looks great on a break above $500. Healthcare overall outperformed the market last week.
SPY 1W I QQQ broke down lower as expected, we want to see QQQ reclaim the level above $305, or more downside could come. Next support level is near $268.
QQQ 1W I SPY continues the sell off and went into bear territory on Friday before a quick recovery. $380 seems the level to hold, below we could see $350.
4/24/22 UNHUnitedHealth Group Inc. ( NYSE:UNH )
Sector: Health Services (Managed Health Care)
Market Capitalization: $490.152B
Current Price: $520.94
Breakout price: $536.25
Buy Zone (Top/Bottom Range): $529.50-$507.55
Price Target: $548.50-$553.30 (1st), $611.50-$618.00 (2nd)
Estimated Duration to Target: 29-31d (1st), 97-100d (2nd)
Contract of Interest: $UNH 5/20/22 520c, $UNH 9/16/22
Trade price as of publish date: $18.57/contract, $25.25/contract
United Health in Respite. UNHGoals 514, 522. Invalidation at 470 .
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 green with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe
UnitedHealth Group is arrhythmic. UNHImmediate targets 461, 448, 432. Invalidation 544.
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 purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe
$UNH - Health care 10/10 United Health care is another monster and beast of a company. Slowly but quietly always dominating. Every dip is an opportunity to add to long term steady growth company. Others in this sectors report were PFE HZNP EW ABT and CVS. I like all the others and even better set ups. UNH is just hard to pass any time it dips. Watch out for backfill of the upper gap and then trend lower. Long term companies like UNH, MSFT, GOOGL, COST, AMZN, JPM, BLK etc will continue to be the biggest and best while others fail to keep up. They are all already too big to fail.