UnitedHealth Group Inc., Elliott Wave Technical Analysis
UnitedHealth Group Inc., (UNH:NYSE): 4h Chart 14 December 23
UNH Stock Market Analysis: We have been moving as expected, we have been looking for further upside as we identified wave (ii) to be corrective in structure. Looking for further upside into wave {v}.
UNH Elliott Wave Count: Wave (iii) of {v}
UNH Technical Indicators: Above all averages.
UNH Trading Strategy: Looking for longs after a Classic Trading Pattern on 550$.
TradingLounge Analyst: Alessio Barretta
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UnitedHealth Group Inc., UNH: 1-hour Chart 14 December 23
UnitedHealth Group Inc., Elliott Wave Technical Analysis UNH Stock Market Analysis: We are looking at a complex correction into wave (ii) as we are now resuming higher. In order to have upside confirmation we need 550$ to act as tested support and then look for longs from there.
UNH Elliott Wave count: Wave (iii) of {v}.
UNH Technical Indicators: Above all averages.
UNH Trading Strategy: Looking for longs after a Classic Trading Pattern on 550$.
