UnitedHealth may rise to 537.00 - 550.00

Our pivot point stands at 470.

Our preference

Short term rebound towards 537.

Alternative scenario

The downside breakout of 470 would call for 449 and 436.

Comment

The RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the share stands below its 20 and 50 day moving average (respectively at 492.4415 and 498.3344).

Supports and resistances

563 **

550 *

537 **

524

489.89 (USD-last)

478

470 **

449 *

436 **

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