Stocks

UnitedHealth may rise to 527.00 - 540.00

2024-07-08

Our pivot point stands at 468.

Our preference

Short term rebound towards 527.

Alternative scenario

The downside breakout of 468 would call for 447 and 435.

Comment

The RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the share stands below its 20 and 50 day moving average (respectively at 491.686 and 498.371).

Supports and resistances

552 **

540 *

527 **

515

488.01 (USD-last)

476

468 **

447 *

435 **

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

This is not investment advice. Past performance does not represent future performance. Your funds are at risk, please trade with caution and responsibility.


Author:

Paul Reid
Tradingtop

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