Blockbuster 4 - MSFT, UNH, VEEV, META

MSFT

Bullish - I look for consolidation between 424 and 440 and see if it holds above 424

Bearish - Break below 405 and we are probably seeing the wave C down to 360/366

Leaning towards Bearish for me. 

A holder of shares.

MSFT Weekly Chart - 21 Sept 2024

UNH 

Note - Multi-year range of value 450 to 560; Recent break out of range resulted in the formation of wave 5

Bullish - Stay above breakout level 560 and form wave 5 up to 676

Bearish - Break back into range below 560, looking at 503 and then 450

Share holder since 450. Might liquidate if break back into range. (often called look above and fail)

UNH Weekly Chart - 21 Sept 2024

VEEV 

Note - 2-year accumulation range between 165 to 232

Bullish - Finally break 232 and stay above? If so, target 267 and 300

Bearish - Rejected at 232 and fall back into range down to 200 (mid range) and 165 (low range)

Share holder since 175. Long term holder until target 300.

VEEV Weekly Chart - 21 Sept 2024

META

Note - Question is where will wave 5 go? Key range now is 430 to 530

Bullish - Continuation of the break of range last week and stay above 530. Long term target is between 729 and 923

Neutral - Sideways is ok as long as stay above 430

Bearish - Break below 430 can see 330

Long term shareholder. Looking at liquidating once Fib extension hit at 730 or above.

META Weekly Chart - 21 Sept 2024

$Microsoft(MSFT)$  

$UnitedHealth(UNH)$  

$Meta Platforms, Inc.(META)$  

$Veeva(VEEV)$  

@macroB  @Deposit  @CaptainTiger  @TigerStars  @melson  

# 💰 Stocks to watch today?(20 Dec)

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  • KSR
    ·09-23
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    • Asphen
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      09-23
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  • Deposit
    ·09-23
    thank you
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    • Asphen
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      09-23
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  • melson
    ·09-22
    [Happy]
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      09-22
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