$UNH
Added 2024-05-30 10:06:26 +0000 UTCFinally giving us a pull back here after going on an enormous run post earnings, jumping from $435 to $528.
Pull back is a result of running too fast and:
'Shares of U.S. health insurers fell on Wednesday after UnitedHealth Group's 
UNH chief executive said the company was keeping an eye on medical services used by Medicaid members, which could drive up costs.'
Both I believe are not a concern and we can see that price action has held exactly on the 0.618 Fib level, would is ideal for a Subwave 2 pull back for this final Wave 5.
I have added in the 0.78 Fib too and the blue support line will also be an area of interest too as this was a support over 2 years.
As long as $UNH consolidates in this blue line range, I see no issues.
