$UNH
Added 2025-04-21 11:07:38 +0000 UTCThings have been going from Bad to Worse for $UNH since their CEO was assassinated last year.
RFK JR being appointed as Health Secretary has also been a dark cloud over them too, now they have missed on earnings last week, the first time this has happened in at least 8 years from the records I can see on this chart
The price action down -22% on Friday on this news too.
Bulls will like that the blue support line held at $447 but losing $416 and I believe $UNH is into its ABC correction and Wave A will likely complete at the 0.38 Fib at $396.
If you are caught in your position, then waiting for a Wave B bounce back up to the 50 or 200 WMA next is where you trim your position.
Comments
Is it a good time to buy at $390?
Cameron H.
2025-05-08 18:36:06 +0000 UTCUNH badly hit
Jedi
2025-05-08 15:06:42 +0000 UTC
