Up by 80%, does the UnitedHealth Group have more upside?

UnitedHealth Group (UNH) rallied over the past few months, recently forming a golden cross technical pattern. Shares jumped to $420, the highest level since April 25, suggesting improving near-term momentum and investor sentiment, though the news is technical rather than fundamental.

Analysis

UnitedHealth Group (UNH) rallied over the past few months, recently forming a golden cross technical pattern. Shares jumped to $420, the highest level since April 25, suggesting improving near-term momentum and investor sentiment, though the news is technical rather than fundamental.