UnitedHealth may fall to 503.00 - 519.00

Our pivot point is at 601.

Our preference

The downside prevails as long as 601 is resistance.

Alternative scenario

Above 601, look for 630 and 646.

Comment

The RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the stock is trading under both its 20 and 50 day moving average (respectively at 582.2325 and 584.0148).

Supports and resistances

646 **

630 *

601 **

590

571.47 (USD-last)

536

519 **

503 *

486 **

Number of asterisks represents the strength of support and resistance levels.