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Watch These UnitedHealth Price Levels as Stock Slumps After Disappointing Results

1. UnitedHealth shares fell 6% after disappointing Q4 results. 2. Medical cost ratio expected to rise to 86-87% in 2024. 3. Key support levels identified at $475 and $436. 4. Stock trading near 200-day moving average indicates sell pressure. 5. UNH is down nearly 20% from its November record high.

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FAQ

Why Bearish?

Disappointing earnings and outlook can lower investor confidence, similar to past declines.

How important is it?

Disappointing performance and outlook likely to impact investor decisions; significant relevance.

Why Short Term?

Immediate selling pressure observed indicates short-term negative sentiment; possible recovery in future earnings.

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