$UNH - RC -
Added 2023-12-20 13:28:30 +0000 UTCIs another Mega Cap and leader in the health sector and the chart has been forming very well.
It made an attempt to test its previous high at $557 but rejected before attempting to break out, this is signaling to me that Subwave 1 of Wave 5 is complete and it is pulling back for Subwave 2 now, I have added in the green fibs to show potential support levels for Subwave 2.
The 50 Day MA has been lost which confirms the pull back and the 200 Day MA is at the 0.5 Fib now at $500, which is a very attractive number to pull back too.
Adding to your position here would make a lot of sense, to catch the next leg up.
Comments
Thank you! 🙏🏼 💝
Halcyon
2023-12-20 15:00:07 +0000 UTC
