$UNH
Added 2024-12-17 20:12:12 +0000 UTC$UNH continues to drop hard after the assassination of their former CEO
Analysts have said that its drop has been so severe that it is effectively the Dow Jones Industrial Average now
We can see on the chart just how severe it has been, as the price is now down below the 200 WMA, in oversold territory
Price has tested the 0.78 Fib too at $478 too, I think at the very least there is a relief bounce here next at the very least and I would not rule out at a retest of the $558 blue line either.
Going below the blue line at $446 would be a very big concern, for $UNH and the Dow Jones.....could this assassination trigger a correction in the Dow Jones, would be quite the impact.
Comments
I wonder if investors are dumping bc of fear of major policy changes that will affect profits
Paul
2024-12-18 02:11:36 +0000 UTC
