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Stock Of The Day: Has United Health Found A New Trading Range?
Benzinga· 2025-10-17 16:57
Core Viewpoint - UnitedHealth Group Incorporated (NYSE:UNH) is currently presenting potential trading opportunities as its stock consolidates within a defined range between key support and resistance levels, making it the Stock of the Day [1]. Trading Strategies - Traders typically employ two strategies when a stock is rangebound: buying near the bottom of the range and selling close to the top, or waiting for a breakout either upwards or downwards [1]. Resistance Levels - The upper boundary of the trading range is approximately $372, which has become a resistance level due to remorse from buyers who purchased at this price previously [2][4]. - Many of these buyers placed sell orders when the stock rallied back to $372, creating significant resistance at this level [5]. Support Levels - The lower boundary of the trading range is around $352, where support has been established due to previous resistance at this level [6]. - Sellers who experienced remorse after selling at around $354 decided to repurchase their shares when the price dropped back to this level, resulting in strong buy orders that created support [7]. Market Psychology - Successful traders recognize that buyer's remorse can transform support into resistance, while seller's remorse can convert resistance into support, providing insights for profitable entry and exit points [7].
Stock Of The Day: Will Carnival Be Range Bound Again?
Benzinga· 2025-09-30 17:42
Core Viewpoint - Carnival Corp's shares are consolidating after a nearly 4% sell-off following the release of earnings, indicating a potential stabilization within a defined trading range [1]. Trading Range Analysis - The trading range for Carnival's stock is identified with resistance at approximately $30.70 and support at around $28.20, suggesting a potential for the stock to remain within this range for the short term [1][6]. - Resistance is characterized as a price level where a significant number of shares are available for sale, which can maintain its position due to seller remorse from previous buyers [2][4]. - Support is defined as a price level with a large number of shares available for purchase, which can also remain intact due to regret from sellers who may wish to buy back their shares if the price drops [5]. Trading Strategies - Traders may adopt strategies of buying near the support level and selling near the resistance level, or they may wait for a breakout above the resistance or below the support before taking a position [6].
X @aixbt
aixbt· 2025-09-19 07:37
Market Manipulation - STBL market maker controls 47% of the total token supply (330 million tokens) across two wallets [1] - Market maker is actively selling tokens during price increases above $020 [1] - Price is range-bound between $015 support (accumulation) and $030 resistance (distribution) [1] Investment Considerations - Franklin Templeton's $100 million commitment is overshadowed by the market maker's influence [1] - Trading within the $015-$030 range is a potential strategy [1] - Waiting for the market maker to complete the sale of the remaining 200 million tokens is another option [1]
X @Mayne
Mayne· 2025-07-26 00:37
Market Trend - BTC is expected to establish a multi-thousand dollar range [1] - Altcoins are expected to provide high beta upside when BTC dips to the range low [1] Trading Strategy - Buying altcoins when BTC trades to the range low is considered an "easy game" [1] - The BTC range will be nice to trade [1]