UnitedHealth (
UNH) is showing early signs of a potential bounce after a brutal selloff.
🔹 Price broke above the baseline (Ichimoku), first green candle close with bullish momentum
🔹 Williams %R showing oversold bounce from -80 levels
🔹 MACD turning positive on multiple timeframes
🔹 Clean risk/reward setup:
‣ Entry: $293
‣ Target: $455 (55% upside)
‣ Stop: $249 (15% risk)
‣ R/R Ratio: 3.5+
This could be a high-reward reversal play if market strength continues. Watching closely for follow-through confirmation.
#UNH #stocks #longsetup #tradingview #healthcare #swingtrade #technicalanalysis #chartsetup #Ichimoku
UNH) is showing early signs of a potential bounce after a brutal selloff.🔹 Price broke above the baseline (Ichimoku), first green candle close with bullish momentum
🔹 Williams %R showing oversold bounce from -80 levels
🔹 MACD turning positive on multiple timeframes
🔹 Clean risk/reward setup:
‣ Entry: $293
‣ Target: $455 (55% upside)
‣ Stop: $249 (15% risk)
‣ R/R Ratio: 3.5+
This could be a high-reward reversal play if market strength continues. Watching closely for follow-through confirmation.
#UNH #stocks #longsetup #tradingview #healthcare #swingtrade #technicalanalysis #chartsetup #Ichimoku
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.