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Trading idea for United Health Group Incorporated (NYSE)

05.02.2021

Market Review

#UNH

The overall trend is upward. The support level of 329.0 is holding back sellers. The Doji candle shape has formed. A bullish divergence has formed on Awesome Oscillator, and Stochastic Oscillator signals oversold conditions.

Trading idea:

Buy on the breakout of the Doji figure above 331.52.

Stop loss under the figure: 328.35.

Target levels: 340.50; 360.00.

Author: GC
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