Key Takeaways
- UnitedHealth Group shares surged Friday after Warren Buffett’s Berkshire Hathaway revealed a stake in the embattled healthcare giant.
- After bottoming at the start of August, the stock has continued to gain momentum, recently breaking out above a steep downtrend line that extends back to the April peak.
- Investors may monitor major overhead areas on UnitedHealth’s chart around $325, $380, and $440, while also watching a key zone of support between $250 and $235.
UnitedHealth Group (UNH) shares surged Friday after Warren Buffett’s Berkshire Hathaway (BRK.A, BRK.B) revealed a stake in the embattled healthcare giant.
The stock was up over 11% in recent trading, helping lift the Dow Jones Industrial Average to a new…
