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UnitedHealth's Stock Chart Is Flashing Warning Signs

UnitedHealth (UNH - Get Report) is slightly lower today as it drifts back down to the middle of its six-month range.

Just a few days ago, the stock was challenging heavy resistance near its 2015 highs with the help of a healthy bump in volume. Once again, the stock failed to break through the $126 area just as did in August and September.

For UnitedHealth investors, this topping action should be a warning sign. The increasing weight of overhead supply between $124 and $126 has put the stock in a vulnerable position.

Increasing UnitedHealth's near-term vulnerability is the rather weak investor...


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