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Unh
UnitedHealth Group Incorporated
Long
Unh
By ContraryTrader
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Dec 24, 2024
4
Health sector has gotten demolished in the last month with RFK jr. Appointment..
Didn't help that this company has had some bad news the last 2weeks..
Technically, UNH tagged it's weekly 200sma at 470.. UNH hasnt broken it's weekly 200sma since 2008-09 crash..
Also the double top that added fire to this sell is completed
.. I think healthcare sector and particularly this stock rebounds to the 20sma at 550 over the next 2 weeks
Trend Analysis
ContraryTrader
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