Watch These UnitedHealth Price Levels as Stock Extends Slide
Key Takeaways
- UnitedHealth Group shares slid in recent trading Thursday after tumbling Wednesday amid worries about potential cuts to Medicare, and a report accusing the company of paying secret bonuses to nursing homes, adding to pressures facing the embattled health insurance giant.
- The shares rallied earlier this week but have since pared most of their gains to form a gravestone doji, a candlestick pattern that indicates a potential bullish reversal after the stock’s steep sell-off.
- Investors should watch key support levels on UnitedHealth’s chart around $292 and $249, while also monitoring resistance levels near $325 and $365.
UnitedHealth Group (UNH) shares slid in recent trading Thursday after tumbling Wednesday amid worries…
