Slow snail-pace/Old news. Significant volume traded on 21 Feb 2025 17 Apr 2025 On 18 Apr 2025, the $450 support level was broken decisively. So? Too late to short it because of this slow/old news. You can't long it as it is on the downtrend.
I saw a post earlier that UNH at $450 is a good buy. Now, the CEO quit and former CEO taking over. Is this a good sign?
This thread is better. It reported vol change on 20 Apr 2025, 3 days after a major event. UNH vols after report
I am genuinely curious, as a client, what can really happen with an account number? Is it enough to cause headaches with stuff like 2FA and brokers asking tricky questions like your last deposit or active trade on, before giving you permissions to trade? Forget about withdrawing...
Just to provide some more insight. My stop loss is down at $306.68. The hard profit target is $352.12 (sell order set) and soft profit target is $348.23 (manually watched). The max trade period is until 5/21 at which point the trade will be closed out no matter where it is at. Of course, if further UNH news or odd market conditions appear then I may potentially close out immediately (but this scenario is unlikely IMO). Normally I would consider a "rebound dip" trade like this when the stock had firmly dropped below the two standard deviation lower Bollinger band as an entry point which is down around $305. This means I jumped the gun effectively on this trade, making it higher risk. Simply because -- unless more bad news comes out in the next seven days -- I do not believe this UNH will hit $305 in the short term. Thus take the higher risk set-up or pass on the trade. In hindsight - I probably will be saying (shortly) that I should have passed on the trade; even if it lands up profitable. I will note from a fundamentals perspective that valuations for UNH support a higher price than $350 in the longer term -- which will drive some buying pressure from investors including institutions on this dip. Coupled with this is correlation with other stocks in the sector such as Humana. Usually when I target a stock trade -- it is within a single day -- however for these "rebound dip" situations I make an exception and hold for overnight periods.
their business model is essentially a brokerage business, never trust a broker UnitedHealth Group Is Under Criminal Investigation for Possible Medicare Fraud https://www.wsj.com/us-news/unitedhealth-medicare-fraud-investigation-df80667f?mod=hp_lead_pos1