
IPO Lucky Shot$Unitedhealth(UNH.US) There's no need to find a reason for the decline. Even if it's just an accidental break below support due to market influence, after breaking support, it will face technical pressure. Without substantial positive news, technical factors will temporarily dominate. As long as the earnings report holds steady, it will come back eventually.
Since the fundamentals aren't broken, it's unlikely to fall endlessly. Without a second black swan blow, the stop-loss point probably won't be much lower than the previous low of 234 or the 12.5x P/E level of 221. Especially since 221 is also a 4% dividend yield level, many pension or value investors will likely enter the market.
So I choose to add a position at these two levels when the opportunity arises and then go dormant 😂
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
