Short term view - UNITED UTILITIES PLC : The moving average is capping prices.
The trend is still bearish, the invalidation level is above 916.00 p. The target is at 820.10 p.Arguments :
- The resistance has been reached, it causes the fall.
- The Stochastics are rising.
- 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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