Trading Unitedhealth Group $UNH With Integrated Risk Controls

April 14, 2023, 10:41 am ET, BY Thomas H. Kee Jr- Editor, Stock Traders Daily| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Price matters most to #makingmoney in the #stockmarket. Celebrating 20 years, Stock Traders Daily provides the tools that help you develop investment strategies, and this is a good example. When we couple this with our market based analysis, the probabilities of going with the flow increases, and that is material over time. The Unitedhealth Group (NYSE: UNH) report below can help you, but we have more details too. The trading plans for UNH, and the other 1000+ stocks we follow, are updated in real time for subscribers, but this report is static. If you want an update, or a different report, please get one here Unlimited Real Time Reports.

Longer Term Trading Plans for UNH

• Buy UNH slightly over 487.57 target 523.19 stop loss @ 486.16 Details

The technical summary data tells us to buy UNH near 487.57 with an upside target of 523.19. This data also tells us to set a stop loss @ 486.16 to protect against excessive loss in case the stock begins to move against the trade. 487.57 is the first level of support below 513.53 , and by rule, any test of support is a buy signal. In this case, support 487.57 would be being tested, so a buy signal would exist.

• Short UNH slightly under 523.19, target 487.57, stop loss @ 524.7 Details

The technical summary data is suggesting a short of UNH as it gets near 523.19 with a downside target of 487.57. We should have a stop loss in place at 524.7though. 523.19 is the first level of resistance above 513.53, and by rule, any test of resistance is a short signal. In this case, if resistance 523.19 is being tested, so a short signal would exist.

Swing Trading Plans for UNH

• Buy UNH slightly over 519.03, target 523.19, Stop Loss @ 517.53 Details

If 519.03 begins to break higher, the technical summary data tells us to buy UNH just slightly over 519.03, with an upside target of 523.19. The data also tells us to set a stop loss @ 517.53 in case the stock turns against the trade. 519.03 is the first level of resistance above 513.53, and by rule, any break above resistance is a buy signal. In this case, 519.03, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short UNH slightly near 519.03, target 487.57, Stop Loss @ 520.53. Details

The technical summary data is suggesting a short of UNH if it tests 519.03 with a downside target of 487.57. We should have a stop loss in place at 520.53 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 519.03, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for UNH

• Buy UNH slightly over 519.03, target 523.19, Stop Loss @ 517.82 Details

If 519.03 begins to break higher, the technical summary data tells us to buy UNH just slightly over 519.03, with an upside target of 523.19. The data also tells us to set a stop loss @ 517.82 in case the stock turns against the trade. 519.03 is the first level of resistance above 513.53, and by rule, any break above resistance is a buy signal. In this case, 519.03, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short UNH slightly near 519.03, target 487.57, Stop Loss @ 520.24. Details

The technical summary data is suggesting a short of UNH if it tests 519.03 with a downside target of 487.57. We should have a stop loss in place at 520.24 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 519.03, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

UNH Ratings for April 14:

Term →	Near	Mid	Long
Rating	Strong	Neutral	Neutral
P1	0	0	487.57
P2	524.30	519.03	523.19
P3	528.95	536.98	556.74

Support and Resistance Plot Chart for UNH

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