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.
*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.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.