In my July 27th Chartology on Unitedhealth Group (UNH), I mentioned that the stock was oversold and ready for a bounce, possibly to backtest the double top neckline around 54. Well the bounce has come on cue and the stock is now in full backtest mode. A failure here and the 46-48 target will be back on the table.
More charts found here.
Unitedhealth Group (UNH) stock chart with technical analysis overlay as of August 20, 2012. Â UNH Price support and resistance levels with analysis. UNH stock chart with head and shoulders pattern and break down below neck line. UNH technical analysis.Â
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