UNITED HEALTHCARE
(UNH-NYSE):
Technical Viewpoint: From a low
of $56 5/8 on Jun 1, 1999 prices
rallied, reaching a
high of $70.00
on Jun 15, 1999. A
decline saw prices pull back, reaching a
low of
$55 1/8 on Jul 14, 1999.
Another rally saw prices penetrate
resistance, closing 7/26/99
at $66.00. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Jul 26, 1999 when the Histogram crossed the "0" line to the upside.
Support: Remains at $63 3/4. Resistance: Is at $70.00.
Point & Figure: Reversed to the upside on Jul 26, 1999. A P&F upside
reversal takes place at $63 3/4. Summary: Technical indicators have turned bullish. BUY! UNITED HEALTHCARE
(UNH-NYSE) @ $66 3/4 Stop: Use a protective stop of $63 7/8.
UNITED HEALTHCARE is currently trading @ $66.00 plus $3 3/4 on Jul 26, 1999. Price Objective:
$78.00. Risk/Reward: $2 7/8 VS. $11 1/4. 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:
$78.00
Risk/Reward:
$2 7/8 VS. $11 1/4
Risk/Reward Ratio:
4:1
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