Jump to content

United Health Group Inc.(UNH:NYSE) Elliott Wave Technical Analysis 19 December 23


Recommended Posts

United Health Group Inc., Elliott Wave Technical Analysis

United Health Group Inc., (UNH:NYSE): 4h Chart 19 December 23

UNH Stock Market Analysis: Previous bullish count was invalidated which is why we are looking for a potential significant top in wave C of (B) and we are now looking for resumption lower.  

UNH Elliott Wave Count: Wave {i} of 1.  

UNH Technical Indicators: Above 200EMA.

UNH Trading Strategy: Looking for shorts after a clear five wave move off the top and a failed supported retest of 520$.  

TradingLounge Analyst: Alessio Barretta

 

 

b0aa737bafe6eaf38dcbfa91822f9b9a

 

 

 

United Health Group Inc., UNH: 1-hour Chart 19 December 23

United Health Group Inc., Elliott Wave Technical Analysis UNH Stock Market Analysis: Looking for a continuation lower into wave (v) as volume starts to weakened so we could expect a pullback higher soon.

UNH Elliott Wave count:  Wave (iv) of {i}.

UNH Technical Indicators: Below all averages.

UNH Trading Strategy: Looking for shorts after a clear five wave move off the top and a failed supported retest of 520$.

 

5b52e8cb834cc3a737be0f6cc238ec97

 

Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • image.png

  • Posts

    • Elliott Wave Analysis TradingLounge Daily Chart, Ethereum/ U.S. dollar(ETHUSD) ETHUSD Elliott Wave Technical Analysis  Function: Follow Trend Mode: Motive Structure: Impulse Position: Wave 5 Direction Next higher Degrees: wave 5 of Wave (3) Wave Cancel invalid level:  Details: Wave (5) trend move to Test 4692.28 Ethereum/ U.S. dollar(ETHUSD)Trading Strategy: A five-wave increase in the Impulse pattern, with the fourth wave appearing to be complete. And the price rose again during the fifth wave. The overall picture tends to rise above the 4150 level again. Ethereum/ U.S. dollar(ETHUSD)Technical Indicators: The price is above the MA200 indicating an Uptrend, The Wave Oscillator is a Bullish Momentum.   Elliott Wave Analysis TradingLounge H4 Chart, Ethereum/ U.S. dollar(ETHUSD) ETHUSD Elliott Wave Technical Analysis   Function: Follow Trend Mode: Motive Structure: Impulse Position: Wave 5 Direction Next higher Degrees: wave 5 of Wave (3) Wave Cancel invalid level:  Details: Wave (5) trend move to Test 4692.28 Ethereum/ U.S. dollar(ETHUSD)Trading Strategy: A five-wave increase in the Impulse pattern, with the fourth wave appearing to be complete. And the price rose again during the fifth wave. The overall picture tends to rise above the 4150 level again. Ethereum/ U.S. dollar(ETHUSD)Technical Indicators: The price is above the MA200 indicating an Uptrend, The Wave Oscillator is a Bullish Momentum.   Technical Analyst : Kittiampon Somboonsod Source : Tradinglounge.com get trial here!  
    • Trading Strategies NASDAQ 100 (NDX), Apple (AAPL), Tesla (TSLA), Amazon (AMZN), Nvidia (NVDA), Microsoft (MSFT), Meta Platforms (META), Netflix (NFLX), Alphabet (GOOGL), Bitcoin (BTC). Elliott Wave Analysis of NDX Tech Stocks: Risk on with this week expecting higher price levels. Longer term Elliott wave counts for NVDA, GOOGL and MSFT. I also focus on how I fit stock and Indices into the same larger Elliott wave count, that is into Primary Wave 3) of cycle degree I. Last we started to enter long trades for stocks, some have triggered long, and some are still pending, and I make an adjustment on the entry for AMZN a lower entry price. In a nutshell there is no change in Elliott wave counts. Video Chapters 00:00 NASDAQ 100 (NDX) 03:34 Apple (AAPL) 05:02 Amazon (AMZN) 08:56 NVIDIA (NVDA) 15:33 Meta Platforms (META) 16:37 Netflix (NFLX)  17:32 Alphabet (GOOGL) 24:28 Microsoft MSFT 25:39 Tesla (TSLA) 26:52 Bitcoin 29:52 End Analyst Peter Mathers TradingLounge  
    • ⚽️The 2024 Euro Cup is kicking off! 🏆   Think you can guess the champion? Comment your pick and if you're right, score 50U perpetual bouns!💰   How to join: 1. Go To https://x.com/BYDFi/status/1801542135939768779/photo/1 2. Follow @BYDFi 3. Retweet this tweet 4. Comment with your champion prediction Let the Goal Rush Challenge…
×
×
  • Create New...
us