Starting Swing position in UNH 300 @ 24.27 ...Continued
Published: Mon, 10/05/09
After a nice extended pull back the risk reward is great here.
The pullback in UNH is very compelling here, we have about 10 down days since we dropped off the recent consolidation at 29.50. We seem to holding these levels here, and I want to scale in small here with a starting position. The deviation from the 20 ema is something I have really paid attention too and would look for a bounce back up to that average as a target.
Other News
- PFE looking like a good reversal day today.
- INTC continues to hold the 19 dollar level and is still a good entry here.
- SHL also showing good strength.