Friday, March 21, 2014

Base Target Acquired UNH

With this week's mixed trading, a strong standout was UNH as it rallied strongly every day this week and achieved its base formation target price. Due to this acquisition I reduced 1/3 of my holding in UNH and now hold a 2/3 position. We closed this portion of our trade with a very nice and quick 7.28% gain in just 3 weeks.

Lets take a look at this week's action and our target acquisition.

UNH daily view

There you have it. Just a nice quick and easy gain booked. Now we will continue to run our remaining holdings until trailing stops are taken out. So far so good as this should just be the first step with this long- term bull trend.

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