Key Insights
UNH has witnessed a historic -24% monthly drop, breaking multiple key long-term supports on extreme volume — often a sign of institutional distribution or capitulation.
Bearish Outlook (Primary Bias):
Invalidation Levels (For Shorts):
Bullish Opportunity Zones:
Watch for strong bullish reversal at the $287 - $249 support zone, aligning with 0.382 Fib and historical demand.
If $200 - $160 is ever reached, it becomes a high-probability accumulation zone for long-term investors.
Probability:
$395 - $447 Strong Short Bias , Look for retests & rejection
$322 - $287 Neutral to Bearish (watch reaction), Currently testing key support
$249 - $200 High-Probability Long Setup, Look for confirmation reversal
Above $447.21 Bullish Bias Resumes, Invalidate bears, shift to longs
Conclusion:
UNH is at a critical long-term support crossroad.
Patience is key—traders should avoid chasing the lows and wait for higher-probability setups at key levels.
Let the chart guide the trade
UNH has witnessed a historic -24% monthly drop, breaking multiple key long-term supports on extreme volume — often a sign of institutional distribution or capitulation.
Bearish Outlook (Primary Bias):
- Current price is testing the 0.5 Fibonacci retracement ($322 - $287), a critical make-or-break zone.
- A monthly close below $287 will likely trigger the next leg lower toward $250 and possibly the $200 psychological handle.
- The bearish momentum remains dominant, confirmed by RSI deep in bear territory and MACD accelerating down.
Invalidation Levels (For Shorts):
- Aggressive short invalidation: Weekly close above $395.33.
- Full bearish invalidation (shift to bullish bias): Monthly close above $447.21.
Bullish Opportunity Zones:
Watch for strong bullish reversal at the $287 - $249 support zone, aligning with 0.382 Fib and historical demand.
If $200 - $160 is ever reached, it becomes a high-probability accumulation zone for long-term investors.
Probability:
$395 - $447 Strong Short Bias , Look for retests & rejection
$322 - $287 Neutral to Bearish (watch reaction), Currently testing key support
$249 - $200 High-Probability Long Setup, Look for confirmation reversal
Above $447.21 Bullish Bias Resumes, Invalidate bears, shift to longs
Conclusion:
UNH is at a critical long-term support crossroad.
Patience is key—traders should avoid chasing the lows and wait for higher-probability setups at key levels.
Let the chart guide the trade
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.