$UNH
Added 2024-04-16 10:24:15 +0000 UTCUp now 5% in the PM after a strong earnings report.
I added this chart a few days ago to say that I believed this was Wave 4 and looking very attractive and should not be ignored.
Price action managed to hold onto the blue line to close yesterday and after the results today, it has bounced hard.
Remember $UNH has not been following the market since November, it has been going exactly the opposite direction but with the same aggression.
This is a good sign I believe.
The blue range consolidated for 2 years, I doubted it would give up all of a sudden.
My projection remains the same here.
If you are considering a position, wait for the retest of the blue line to hold how $445.
