$UNH
Added 2024-08-13 11:00:30 +0000 UTC$UNH continues to show relative strength and has been treated as a safe haven for many members in this group, along with $XLV (healthcare ETF)
Price has tested the blue support line for 3 days and has so far held above this level.
Losing this level is not a concern in the short term for me, a retest of the 0.38 Fib or 0.5 Fib at $546 and $532 is possible and a hold here will offer a further opportunity to add in this Wave 5.
The 50 Day MA is moving up to these Fib levels now too, to possibly reinforce the support level.
