UNH dropped after reducing guidance in their earnings release, and then gapped down again today when 
HUM missed estimates. These two stocks frequently respond to one another, creating fantastic trading opportunities if you have both on your watch list.Todays candle is doji with relatively high volume, which is a decent reversal signal. Prior to today we can see 6 similar dojis during down trends for UNH since January 2022. 5 of them marked the local low. July 2023 was an exception that saw price fall by another 5% over 11 trading days before recovering.
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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.