Learn to Evaluate Unitedhealth Group (UNH) using the Charts

September 17, 2021, 03:00 am ET, BY Harold S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

When #institutionalinvestors make decisions to buy and sell #stocks they normally want to keep it quiet.  However, if we pay close attention we can see what is going on, and make good decisions.. The  Unitedhealth Group (NYSE: UNH) report below can help you understand how to do this. The trading plans for UNH, are updated in real time for subscribers, but this report is static. If you want an update, or a different report on a different stock, please get one here Unlimited Real Time Reports.

Longer Term Trading Plans for UNH

• Buy UNH slightly over 407.00 target 426.06 stop loss @ 405.82 Details

The technical summary data tells us to buy UNH near 407.00 with an upside target of 426.06. This data also tells us to set a stop loss @ 405.82 to protect against excessive loss in case the stock begins to move against the trade. 407.00 is the first level of support below 416.84 , and by rule, any test of support is a buy signal. In this case, support 407.00 would be being tested, so a buy signal would exist.

• Short UNH under 426.06, target 407.00, stop loss @ 427.29 Details

The technical summary data is suggesting a short of UNH as it gets near 426.06 with a downside target of 407.00. We should have a stop loss in place at 427.29though. 426.06 is the first level of resistance above 416.84, and by rule, any test of resistance is a short signal. In this case, if resistance 426.06 is being tested, so a short signal would exist.

Swing Trading Plans for UNH

• Buy UNH slightly over 418.36, target 426.06, Stop Loss @ 417.15 Details

If 418.36 begins to break higher, the technical summary data tells us to buy UNH just slightly over 418.36, with an upside target of 426.06. The data also tells us to set a stop loss @ 417.15 in case the stock turns against the trade. 418.36 is the first level of resistance above 416.84, and by rule, any break above resistance is a buy signal. In this case, 418.36, 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 near 418.36, target 408.80, Stop Loss @ 419.57. Details

The technical summary data is suggesting a short of UNH if it tests 418.36 with a downside target of 408.80. We should have a stop loss in place at 419.57 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, 418.36, 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 418.36, target 420.82, Stop Loss @ 417.38 Details

If 418.36 begins to break higher, the technical summary data tells us to buy UNH just slightly over 418.36, with an upside target of 420.82. The data also tells us to set a stop loss @ 417.38 in case the stock turns against the trade. 418.36 is the first level of resistance above 416.84, and by rule, any break above resistance is a buy signal. In this case, 418.36, 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 near 418.36, target 411.93, Stop Loss @ 419.34. Details

The technical summary data is suggesting a short of UNH if it tests 418.36 with a downside target of 411.93. We should have a stop loss in place at 419.34 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, 418.36, 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 September 17:

Term →	Near	Mid	Long
Rating	Weak	Neutral	Strong
P1	0	0	407.00
P2	411.93	408.80	426.06
P3	420.82	418.36	445.98

Support and Resistance Plot Chart for UNH

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