$UNH - WATCHLIST -
Added 2025-05-16 11:06:12 +0000 UTCGood day yesterday and the follow through into today's PM so far.
We added at $260 and $251 and the price is already back to $281 now in the PM after a very solid test and bounce on the standard 0.618 Fib at $250 that I brought to your attention 2 days ago.
Right now there is only one bounce in this subwave, so we need to start seeing some higher highs and higher lows to confirm the new impulse wave has started.
First Target could be the 0.5 Fib at $323 as we know this was the potential Wave A support level and the market has identified that the price action is respecting the Fib support levels.
For now, I have two buys in and will consider a third when we get a higher low in for Subwave 2.
Similar to how we are building our position in $NVO right now.
A reminder that when we build a position, we make 5 Buys and carry out a DCA strategy to manage the Buy Average....this is a strategy that has worked very well for us.
Comments
Cap, would you consider UNH a Safe Heaven?
Ty Axtell
2025-05-18 19:00:55 +0000 UTC1998*
Matthew
2025-05-16 15:36:56 +0000 UTCHI Cap for the fib where you placing the low from 08/09 or 1987 low for the macro fibber?
Matthew
2025-05-16 15:35:13 +0000 UTCThank you!
Stephen
2025-05-16 13:04:05 +0000 UTCI actually sold my small position today for +9% to add to NVO down -5%
Korey Wood
2025-05-16 12:35:55 +0000 UTC
