Short term view - UNITED UTILITIES PLC : The ascending support has been reached, it causes the bounce.
The trend remains neutral. Prices will have to break above the peak at 900.00 p for the trend to be positive again with an invalidation level below 847.00 p.Arguments :
- The ascending support has been reached, it causes the bounce.
- The moving average is capping prices.
United Utilities Group is a water company. Through its subsidiary, United Utilities Water Limited, Co. provides water and wastewater services to peoples in the North West of England.
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