UNH is looking at a possible bullish mean reversion to the upside after it has broken out of the steep falling wedge and a small V-shaped bottom is in. Stochastic oscillator shows an oversold crossover with bullish divergence. 23-period ROC is showing bullish divergence as well. Prices has also closes above bot the conversion and base line of the ichimoku. Short-term target is at 320
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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.