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UNITEDHEALTH GROUP INC
(UNH-NYSE):
Technical Viewpoint: From a low
of $52.97 on Feb 23, 2001 prices
rallied, reaching a
high of $62.00
on Mar 9, 2001. A
decline saw prices pull back, reaching a
low of
$50.55 on Mar 22, 2001.
Another rally saw prices penetrate
resistance, closing 4/4/01
at $59.86. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Apr 4, 2001 when the Histogram crossed the "0" line to the upside.
Support: Remains at $56.75. Resistance: Is at $61.50.
Point & Figure: Reversed to the upside on Mar 23, 2001. A P&F upside
reversal takes place at $57.75. Summary: Technical indicators have turned bullish. BUY! UNITEDHEALTH GROUP INC
(UNH-NYSE) @ $60.50 Stop: Use a protective stop of $57.75.
UNITEDHEALTH GROUP INC is currently trading @ $59.86 plus $1.63 on Apr 4, 2001. Price Objective:
$72.00. Risk/Reward: $2.75 VS. $11.50. Today's Risk Reward Ratio: 4:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$72.00
Risk/Reward:
$2.75 VS. $11.50
Risk/Reward Ratio:
4:1
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