$UNH
🕑 Added 2025-05-13 12:54:15 +0000 UTCVery 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.
Comments
Richard
Back already around 323 as capt say , 323 will be like a magnet the next days so wait and see , I have loaded
Jeff Vox
With respect, it's not that decent. Buy tobacco stocks if the goal is a decent dividend.
JK
.618 fib at 250? Ouch 🤕
Marcel Fischer
MEDP Update would be great, Cap!
Jeff Vox
Sliced right through support and now @ $311. Now what?
FS
Good buying opportunity at wave A. Sell near wave B in early Q4.
Daniel Gilmore
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.
Scott Williams
Don’t forget the decent dividend yield too