Sep. 9 at 9:40 PM
$UNH $HUM $CIG $CNC $SPY
UNH
On Tuesday, UnitedHealth stock broke above a bullish inverse head-and-shoulders neckline at
$315, triggering a potential measured move to
$380 -- a level that could be reached soon. The technical backdrop is further supported by a confirmed island reversal pattern, marked by a 12% gap-up on Aug. 15, preceded by a sharp 11% gap-down back on May 15. The combination of pattern breakouts and bullish price gaps suggests momentum might be shifting decisively in the bulls' favor.
