johnthe5

Breakout or Pullback on United Healthcare?

NYSE:UNH   UNITEDHEALTH GROUP INC (DE)
Note: these are monthly candles and the scale is logarithmic.
UNH             has been trading pretty consistently within a parallel channel on the logarithmic scale chart since 2009. UNH             is now at the upper bound of that channel. There were a few months in 2011 where the stock broke out and managed to stay above the top of the channel before it came back and has traded inside there ever since. Looking at those months, the stock managed to go about 10% higher in price than the upper bound of the channel. Considering current market conditions, UNH             may break out of this channel again, and I suspect it would have about 10% upside if it did. If this break out sustains, look to see the top of this channel act as support going forward. There is also the possibility that it could pull back and continue trading within the channel.
繁體中文
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体中文
首頁 股票篩選器 外匯信號搜索器 加密貨幣信號搜索器 全球財經日曆 如何運作 圖表功能 網站規則 版主 網站 & 經紀商解決方案 小工具 圖表庫 功能請求 部落格 & 新聞 常見問題 幫助 & 維基 推特
個人檔案 個人檔案設定 帳戶和帳單 我的事件處理號碼 聯絡客服 發表的想法 粉絲 正在追蹤 私人訊息 在線聊天 登出