More bad news out for United Health Group today. The CEO steps down for "personal reasons" and guidance is suspended. Makes everyone wonder if more bad news is forthcoming. For example, was the CEO sent packing for creative accounting? What else will come out over the next 1 weeks. The downside hit has spread to others in the sector such as Humana which is down nearly 7% today. However the fears related to Medicare Advantage plan costs seems to be overblown according to many industry analysts. Healthcare insurance is still basically a money machine in the U.S. This come back to the question of how to trade this -- with a near 15% drop today, UNH is nearing 2 standard deviation lower Bollinger bands, etc. on the chart. Is a snap-back due or will this decline simply gain speed. If you were setting up a multi-day trade -- which direction (long or short) and the reasoning behind it?
Dude, GFY. This has nothing to do with the Administration and you're spamming threads with this nonsense.
You're far worse as you are spamming legit threads with your psycho caps lock BS. UNH is getting obliterated and it's relevant and topical.
Yearz ago when I used to love shorting (and losing), I found that disaster stocks sometimes stop at 50% decline, and there happens to be a consolidation zone there from 2019-2020. A brave buyer might step in at around $250: