United Health dragged down by pivotal resistance - Analysis - 03-11-2022

United Health's stock (UNH) fell in the intraday levels after the pivotal resistance of 553.30 held on, with the stock trying to gather momentum to pierce that resistance in the future, while venting off overbought saturation in the RSI with negative signals out of them, amid the dominance of the main upward medium-term trend, with positive pressure from the 50-day SMA.

Therefore we expect the stock to return higher and targeting the resistance of 581.20, provided the initial resistance of 553.30 was breached. 

Expected trend for today: Bullish