$UNH @ 21ema.... 🧐🧐🧐 https://t.co/L8s0EJ9bNj
Some more research for those interested in $UNH by @mataetrades earlier this month! https://t.co/eaED9oArql
$UNH $314 is where I peel off part of my long position. If you’ve been following here since the 290s you’ve done well. I’ve got a number of short and median term option positions that need to be unwound carefully so I can’t stick around as %% long as I’d like for the longer term.
UnitedHealthcare (UNH) has experienced notable market activity following its recent earnings report, which some investors describe as an overreaction given the company's earnings resilience. The stock has encountered technical resistance at the Monthly 3 level but showed a strong upward movement, with prices surpassing $314 and expectations of reaching above $320. Market participants are observing increased buying interest, potentially driven by fear of missing out (FOMO), although some investors are beginning to partially reduce their long positions around the $314 mark. Analysts and traders continue to monitor UNH's performance closely, with attention to technical indicators such as the 21-day exponential moving average (EMA).