Jump to content

United Health Group Inc.(UNH) Stocks Elliott Wave Technical Analysis


Recommended Posts

Posted (edited)
UNH Elliott Wave Analysis Trading Lounge Daily Chart,
United Health Group Inc., (UNH) Daily Chart
UNH Elliott Wave Technical Analysis
FUNCTION: Trend
MODE: Impulsive
STRUCTURE: Motive
POSITION: Minute wave {iii}.
DIRECTION: Upside in Minute {ii}.  
DETAILS: As we seem to have found support on TL5 at 500$, we are looking for upside resumption, which could take us to TL8 in the long term. 
 
Stocks24.thumb.png.2c85c646d31815bab3216b83bf474fd2.png
 
 
Special Trial Offer - 0.76 Cents a Day for 3 Months!  Click here https://tradinglounge.com/341  7 Analysts Over 170 Markets Covered Bitcoin Prediction Guess the Price?   Test Your Analysis - Win 1 Million Satoshi https://tradinglounge.com/Bitcoin-Prediction
 
 
 
UNH Elliott Wave Analysis Trading Lounge 4Hr Chart
United Health Group Inc., (UNH) 4Hr Chart
UNH Elliott Wave Technical Analysis
FUNCTION: Trend
MODE: Impulsive
STRUCTURE: Motive
POSITION: Wave (i) of {iii}.
DIRECTION: Wave iii of (i).
DETAILS: Looking for a completion of wave (i) to then pullback in (ii) and eventually looking for additional longs.  
 
Stocks24(1).thumb.png.cf40044b602eaa24e1388879c1dc3b0c.png
 
 
 

The Elliott Wave analysis for UnitedHealth Group Inc. (UNH) provides a technical forecast for its stock behavior on the Daily and 4-hour charts. This detailed analysis aims to guide traders and investors through the expected price movements influenced by UNH’s wave patterns.
 
* UNH Elliott Wave Technical Analysis – Daily Chart*
On the daily chart, UNH is currently in a Minute wave {iii} of its impulsive, motive wave structure, signaling robust upward potential. The stock found support at the $500 mark, along the critical TL5 (Trend Line 5). This support suggests a bullish resumption might be forthcoming, with the potential to reach higher trend line levels like TL8 over the long term.
 
* UNH Elliott Wave Technical Analysis – 4H Chart*
Drilling down to the 4-hour chart, UNH is advancing through Wave (i) of Minute {iii}. The current structure indicates that Wave (i) is nearing completion, and a subsequent pullback in Wave (ii) is expected. This pullback should set the stage for further bullish activity as the stock progresses into Wave iii of (i).
 
Technical Analyst Alessio Barretta
Source : Tradinglounge.com get trial here!
 
Edited by tradinglounge
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

    • The BLUM project has recently gained attention in the cryptocurrency community due to several developments such as  Introduction of a mining game on the TON ecosystem, allowing users to earn $BLUM tokens.  Announcement of new strategic partnerships Upcoming features including Tribes and Memepad functionalities.  Active community engagement through events and rewards 5. Recognition from notable figures in the crypto space Key upcoming events: Token Generation Event (TGE) for the BLUM mining game scheduled for September 20, 2024 Coinciding airdrop of BLUM tokens to the community The project plans to provide liquidity on centralized exchanges such as Bitget and Binance, as well as decentralized exchanges like Uniswap, Curve, and PancakeSwap. These developments have contributed to increased discussions about BLUM on social media platforms, particularly Twitter. As the crypto landscape evolves rapidly, interested individuals are encouraged to stay informed about BLUM's progress through official channels and related TON communities like r/TONDiscussion.  As with any cryptocurrency project, potential participants should conduct thorough research and consider their own risk tolerance before engaging.
    • Counter Fire is poised to redefine the gaming industry with its innovative blend of competitive gameplay and blockchain technology. The game offers multiple modes, including team-based matches of quads, duos, and solos along with solo missions, with deep customization options and dynamic battle scenarios. While the core gameplay of Counter Fire is similar to PUBG, a battle-royal where the last-man or last-team standing wins in a survival gameplay, users earn while playing Counter Fires. The project has been buzzing the ecosystem as the airdrop claim went live today so users can claim their $CEC and await listing on 9th Sept. While gamers continue to claim their tokens, some analysts have start speculating that the project will redefine the gaming landscape citing the project partnership with likes of YoubiCapital, HASHKEY, KERNEL ventures and many more and the fact that the project raised over $5 million as the base for their argument. The project partnership with Bitget could also be a reason it continues to gain such exposure as players can only claim their token to the exchange. Though, as players claim their token to the exchange, they could benefit some reward from the 1 million $CEC reward pool. I still think many exchanges should list the token so gamers can have many choices.
    • Hi @feirb1, Thank you for your post. Please note that we offer T-Bills for trading on leveraged accounts. By trading these, you will be speculating on the price movements. This means that, when trading, you´ll never take ownership of an actual t-bill. Instead, you´ll take a position on the market either rising in value or falling. Thanks, KoketsoIG
×
×
  • Create New...
us