SamSuka
The Long Investor
The Long Investor

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$UNH

$UNH has had two negative catalysts this week, one being an internal investigation and the other is a cyber attack on its payment system:

'Healthcare providers nationwide are grappling with financial challenges as a week-long ransomware outage at a UnitedHealth Group Inc’s'

Both catalysts have hurt $UNH this week and we saw something similar happen to $MGM when they got a cyber attack and the share price declined but it aligned perfectly with a Subwave 2 pull back and it presented a great opportunity to buy.

$UNH looks to be testing its 0.78 Fib next at $469 and a hold here and Subwave 2 has presented a buying opportunity.

It is worth noting that $UNH did not make a higher high in November, so like $AMZN, I believe it will keep moving higher to complete Wave 5 before its ABC correction.

$UNH

Comments

I think its an incredible company too

Gareth Neary

I’ve been patiently waiting for this opportunity. Thank you!

Halcyon

The market loves giving us a second chance

Gareth Neary

Thanks Capt! I kept missing the dips on this but I didn't miss it today.

Clint M


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