NokiMo
The Long Investor
The Long Investor

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$UNH

Very little to update here apart from them missing on earnings, which they have not done since 2008.

Price was not able to hold the red fib support level which is standard for Wave A and now looks to test the 0.5 Fib at $323.

Many of the Meg Caps also lost their 0.38 Fib in April, so it is not an uncommon sight right now

But a hold at $323 and I believe it is technically undervalued for a relief bounce for at least Wave B.

We can see that the amber fib levels for Wave B also align with the 50 and 200 WMA, so I believe a bounce will come here here once support is found on the 0.5 Fib.

This would present a very favourable bounce too.

Worth considering, when there is a hold.

$UNH

Comments

Back already around 323 as capt say , 323 will be like a magnet the next days so wait and see , I have loaded

Richard

With respect, it's not that decent. Buy tobacco stocks if the goal is a decent dividend.

Jeff Vox

.618 fib at 250? Ouch 🤕

JK

MEDP Update would be great, Cap!

Marcel Fischer

Sliced right through support and now @ $311. Now what?

Jeff Vox

Good buying opportunity at wave A. Sell near wave B in early Q4.

FS

P/E 13.5, Forward P/E 10.7, Dividend 2.6% getting very interesting. Agreed with the undervalued - the need for healthcare isn't going away tomorrow CEO change or otherwise.

Daniel Gilmore

Don’t forget the decent dividend yield too

Scott Williams


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