UNH was put on my radar by The PPT‘s screener. It has been showing increasing strength since the double bottom around $15. The stock is also above both the 20 day and 50 day, and is about to clear some overhead resistance around $24.
As you can see by the picture below, UNH’s hybrid rating is about to be above 3, which signals a buy based on The PPT‘s computer model.
Keep UNH on your radar this week.
Note: Look for more PPT picks later in the day.
Note II: The PPT nailed DRYS, buy issued @ $4.19
they have been raising premiums this year by an average of 17-22%. the raises are sticking.
Update: The PPT nailed DRYS, buy issued @ 4.19. See picture above.