UnitedHealth may rise to 622.00 - 639.00

Our pivot point stands at 536.

Our preference

The upside prevails as long as 536 is support.

Alternative scenario

The downside breakout of 536 would call for 508 and 491.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the stock is trading above both its 20 and 50 day moving average (respectively at 523.2305 and 509.3554).

Supports and resistances

656 **

639 *

622 **

605

559.68 (USD-last)

547

536 **

508 *

491 **

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