UnitedHealth may fall to 498.00 - 514.00

Our pivot point stands at 593.

Our preference

The downside prevails as long as 593 is resistance.

Alternative scenario

Above 593, look for 621 and 637.

Comment

The RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the share stands below its 20 and 50 day moving average (respectively at 582.3295 and 583.7606).

Supports and resistances

637 **

621 *

593 **

582

569.61 (USD-last)

530

514 **

498 *

481 **

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