UnitedHealth Group Inc., Elliott Wave Technical AnalysisUnitedHealth Group Inc.,(NYSE: ): 4h Chart 15 January 2024UNH Stock Market Analysis: We have been looking for downside for some weeks now, looking for acceleration lower into wave 3 in order to confirm the count. Before looking for shorts we need to start trading below Major Level 500$ as safety comes first. UNH Elliott Wave Count: Wave {iii} of 3. UNH Technical Indicators: Below 200EMAUNH Trading Strategy: Looking for shorts into wave 3. Analyst: Alessio BarrettaUnitedHealth Group Inc., UNH: 1-hour Chart 15 January 2024UnitedHealth Group Inc., Elliott Wave Technical Analysis UNH Stock Market Analysis: We are monitoring equality of potential wave 3 vs. 1 as it could turn into an ABC and not 123. Therefore we are looking for potential support off 510$, where we would like to see a break and then retest. UNH Elliott Wave count: Wave {iii} of 3. UNH Technical Indicators: Below all averages.UNH Trading Strategy: Looking for shorts into wave 3.
More By This Author:
Elliott Wave Technical Analysis: UnitedHealth Group Inc. – Monday, Jan. 15
