The analyst predicts that UnitedHealth Group (UNH) will rise from breaking above the 50-week moving average at $316 to reaching the 200-week moving average at $467.
Break above the 50 WMA at $316 leads to a run to the 200 WMA at $467, which acts as a magnet.
$UNH 13th of April we said: 'Break above the 50 WMA at $316 and we run to the 200 WMA at $467 That's it.' The 200 WMA is a magnet https://t.co/BBXxMLa8PX
| Horizon | Raw move | vs SPY |
|---|---|---|
| 1 day | -0.8% | -0.8% |
| 1 week | +1.6% | -0.2% |
| 1 month | +3.5% | +2.9% |
| 3 months | — | — |
| 6 months | — | — |