I've been watching and keeping this quiet for a while now and I am now extremely confident of this trade. UNH headed for the dumps as technicals show signs of a 70% decline ahead in the next year. This is a developing trade and I do not have any news to support this drop however, I am certain. The Weekly is currently in a bear flag the same exaact way. After a huge run, UNH looks to be running out of steam. The RSI matches around 70 on the 10D timeframe and the MACD is also coming from a negative area into bullish territory, yet the bearish divergence is clear imo. I will be glady entering long puts up here. I will continuously update this trade. See you Next year. Use this chart as a reference to current chart.
Trade active
Waiting for the 1.61 Fib to hit at $627 in the next month... maybe some consolidation then we will be good... PAYTIENCE..
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