Stocks

UnitedHealth may rise to 621.00 - 638.00

2024-08-14

Our pivot point is at 539.

Our preference

As long as 539 is support look for 621.

Alternative scenario

Below 539, expect 510 and 493.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The stock could retrace in the short term. Moreover, the stock is trading under its 20 day moving average (566.536) but above its 50 day moving average (523.59).

Supports and resistances

655 **

638 *

621 **

603

565.29 (USD-last)

550

539 **

510 *

493 **

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

Introduction to Tradingtop Site

Related Articles


Return to All Articles