Recent news highlights challenges for UNH, including a DOJ investigation into its acquisitions and practices, alongside a $225 million fine from Minnesota for alleged violations in mental health coverage. Analyst sentiment remains mixed, with a “Moderate Buy” rating and a consensus price target of $614.17, suggesting potential upside. However, competition and regulatory scrutiny could pose risks.
UNH reached a high of 640 in November 2024 and is reversing lower in a broadening wedge since then. This is a sign of a long-term top as we are seeing a break below 400 this week. This is now a strong trade signal. Learn to Trade Stocks profitably.
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How can we trade this?
It is a fact that a strong upside resistance for Q2 2025 is 400, and we have seen a break below this level. Open short trade with a SL above 420 to target 280. You can buy put options as well. For inquiries about account management or copy trading, please write to [email protected] or contact me on WhatsApp or Live chat.
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