UnitedHealth Stock Price Levels to Watch After Extended Sell-Off
Key Takeaways
- UnitedHealth shares have been on the decline since the CEO of its UnitedHealthcare unit was killed in New York City on Dec. 4.
- The stock found buying interest around the 200-week moving average in Wednesday’s trading session, an indictor that has provided significant support on two occasions since the 2020 pandemic low.
- Investors should watch crucial support levels on UnitedHealth’s chart around $460 and $430, while also monitoring key resistance levels near $550 and $610.
UnitedHealth Group (UNH) shares have been on the decline since the CEO of its UnitedHealthcare unit was killed in New York City on Dec. 4.
The stock’s slide, which has significantly contributed to the Dow Jones index recording its longest losing…
