UnitedHealth Group Inc., Elliott Wave Technical Analysis
UnitedHealth Group Inc.,(UNH:NYSE): 4h Chart 15 January 24
UNH Stock Market Analysis: We have been looking for downside for some weeks now, looking for acceleration lower into wave 3 in order to confirm the count. Before looking for shorts we need to start trading below Major Level 500$ as safety comes first.
UNH Elliott Wave Count: Wave {iii} of 3.
UNH Technical Indicators: Below 200EMA
UNH Trading Strategy: Looking for shorts into wave 3.
TradingLounge Analyst: Alessio Barretta
Source: Tradinglounge.com get trial here!
UnitedHealth Group Inc., UNH: 1-hour Chart 15 January 24
UnitedHealth Group Inc., Elliott Wave Technical Analysis
UNH Stock Market Analysis: We are monitoring equality of potential wave 3 vs. 1 as it could turn into an ABC and not 123. Therefore we are looking for potential support off 510$, where we would like to see a break and then retest.
UNH Elliott Wave count: Wave {iii} of 3.
UNH Technical Indicators: Below all averages.
UNH Trading Strategy: Looking for shorts into wave 3.
