I'm still bearish on
UNH until 335-340 area gets taken out. The chart is so ugly. We've seen many "too big to fail" companies die out eventually. Will
UNH survive all this bad publicity? Insider action, options flow suggest this isn't going "parabolic" anytime soon lol sorry bulls
The technicals just don't align YET to the upside.
This is still so far from major moving averages on the higher time frames... the volume dried out after those huge moves and consumers hate them right now lol.. this is feeling like
GME apes versus wall street bullies. Except its
UNH versus the insured consumers finance.yahoo.com/news/unitedhealth-group-faces-lawsuit-claiming-091700885.html
20EMA on the daily = 342 still not even close
Also FYI -
UNH is not the type of stock that goes parabolic, nothing sexy on the options flow either
Below 290, I've got 275, 260, and 210 gap down. Good luck bulls and bears
The technicals just don't align YET to the upside.
This is still so far from major moving averages on the higher time frames... the volume dried out after those huge moves and consumers hate them right now lol.. this is feeling like
20EMA on the daily = 342 still not even close
Also FYI -
Below 290, I've got 275, 260, and 210 gap down. Good luck bulls and bears
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