Can the recent earnings push UNH higher?
Here’s what the chart is telling me today:
- Broke out of a weekly down trend.
- Large double bottom “W” has formed, and marking its move to the neckline.
$471 is the measured move once UNH breaks the neckline here.
Entry (two options):
1. Wait for a neckline break and restest of $363.56; then enter long.
2. Front run now and capture larger move.
Homerun is the full move to $471. With this being on the weekly; this will 100% be a swing trade. Looking for June or July exp. -> $400 strike.
Exit would be a weekly close back below neckline. You can manage and monitor this play on the daily or 4H.
Happy trading.
Here’s what the chart is telling me today:
- Broke out of a weekly down trend.
- Large double bottom “W” has formed, and marking its move to the neckline.
$471 is the measured move once UNH breaks the neckline here.
Entry (two options):
1. Wait for a neckline break and restest of $363.56; then enter long.
2. Front run now and capture larger move.
Homerun is the full move to $471. With this being on the weekly; this will 100% be a swing trade. Looking for June or July exp. -> $400 strike.
Exit would be a weekly close back below neckline. You can manage and monitor this play on the daily or 4H.
Happy trading.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.