United Health is a position that I put on back in December and it has been nice watching it break though resistance and trend higher. Check out the chart:
As noted in the chart, it might be a good idea to buy when the price pulls back to the 20 period moving average (yes the chart says 20 day but its really a 20 week moving average). This allows for an entry in a range where risk can be adequately controlled. Just a trade idea..I'll probably add to my position if it pulls back to that range.
Hope everyone's having a great week so far.
TLT
As noted in the chart, it might be a good idea to buy when the price pulls back to the 20 period moving average (yes the chart says 20 day but its really a 20 week moving average). This allows for an entry in a range where risk can be adequately controlled. Just a trade idea..I'll probably add to my position if it pulls back to that range.
Hope everyone's having a great week so far.
TLT
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