UNH  ouch

    Posted by iaranger on 5th of Aug 2021 at 09:58 am

    UNH  ouch

    yep ugly gday for UNH,

    Posted by matt on 5th of Aug 2021 at 10:03 am

    yep ugly gday for UNH, again if you bought it you were either stopped out maybe at 414 around the 20 day MA, or you are still in it with a wider stop say below the 50 day, but the important point is, you have a stop or had one

    and yes as Steve mentioned the evening star pattern, I suppose one could have had an extremely tight stop at the low of yesterday's doji as well at around 420 - the point is use stops guys. 

    Steve and I get questions once in a while such as, I have this and that stock that are way down, what do I do now, our question back is where was your stop if it was for a trade setup only (not investment)

    otherwise technically UNH could still recover but I'd like to see it hold its 50 day MA now and curl back up. So if I was still in UNH because I didn't have a stop, at this point I'd probably give it that room now to just below the 50 day

    Great example of an evening

    Posted by steve on 5th of Aug 2021 at 10:01 am

    Great example of an evening star pattern 

           Change Healthcare Inc(NASDAQ: CHNG)  stock

    Posted by Trendie on 5th of Aug 2021 at 11:04 am


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