Short term view - UNITED UTILITIES PLC : The support has been reached, it causes the bounce.
The trend is still bullish, the invalidation level is below 963.40 p. The target is at 1,048.55 p.Arguments :
- The support has been reached, it causes the bounce.
- The moving average is supporting 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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