UnitedHealth Short Term: the upside prevails as long as 475 is support
May 8, 2024 09:45
UnitedHealth (UNH.US)
3.2+0.61%
the upside prevails as long as 475 is support.
475 is our pivot point.
Our preference: the upside prevails as long as 475 is support.
Alternative scenario: the downside breakout of 475 would call for 449 and 434.
Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the stock is above its 20 and 50 day moving average (respectively at 480.5155 and 481.824).
Supports and resistances:
579 **
564 *
548 **
533
500.96 (USD-last)
485
475 **
449 *
434 **
Our preference: the upside prevails as long as 475 is support.
Alternative scenario: the downside breakout of 475 would call for 449 and 434.
Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the stock is above its 20 and 50 day moving average (respectively at 480.5155 and 481.824).
Supports and resistances:
579 **
564 *
548 **
533
500.96 (USD-last)
485
475 **
449 *
434 **
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