United Health is one the best-looking stock from our Dow Jones overview - on par with Nike. On long term perspective it trades firmly above upper 1st standard deviation from 5 and 10 year means - which means that long term uptrends are well in progress. On short term basis the long term picture is confirmed by the slope of 1-year mean. The only short term risk...
The lower border of the trend coincides with the basis line of the of Bollinger bands and V Stop.
I look forward to building a symmetrical pattern.
There is a beginning of a movement to the upper border of the trend.
A stop order can be placed very close. This means low risk.
Momo is definitely slowing at phi support, but should ultimately retest leg start in the target area. Listed are a few scenarios that we might expect. A bounce first is the more likely scenario. Pay attention to momo to tell us where the trade will go.
Despite the negative reaction to today's news, there is hope for a strong end to the year for UNH. Before today's reports, analysts at Thomas Reuters had a target price of $79.30. This is mainly due to the company's strong performance in two out of its three major businesses. 1. Its Medicare and Retirement business is up 13% year over year, reporting 11 billion...
long setup. Ascending triangle. Watch for breakout from resistance to trigger entry signal