UnitedHealth Group ( UNH) ($71.01 vs. $68.86 on Oct. 22) traded as low as $66.72 on Oct. 28 and now is poised just below its 50-day SMA at $71.50. My weekly value level is $66.82 with a semiannual risky level at $73.01.

WellCare Health Plans ( WCG) ($67.47 vs. $70.00 on Oct. 22) traded down to a test of its 200-day SMA at $60.05 on Nov. 1 then rebounded to its 50-day SMA at $68.59. My quarterly value level is $60.56 with a weekly pivot at $67.04 with an annual risky level at $69.44.

WellPoint ( WLP) ($88.02 vs. $88.43 on Oct. 22) traded down to $83.13 on Oct. 24 then as high as $88.50 on Nov. 7 above its 50-day SMA at $86.40. Buy-and-trade investors could have bought this stock at my weekly and semiannual value levels at $85.96 and $83.77. Today my semiannual value level remains at $83.77 with a monthly risky level at $98.24.

At the time of publication the author held no positions in any of the stocks mentioned.

This article is commentary by an independent contributor, separate from TheStreet's regular news coverage.
Richard Suttmeier is the chief market strategist at AlphaPlus Analytics in addition to ValuEngine.com. He has been a professional in the U.S. Capital Markets since 1972, transferring his engineering skills to the trading and investment world.

Suttmeier has an engineering degree from Georgia Tech and a Master of Science degree from Brooklyn Poly. He began his career in the financial services industry in 1972 trading U.S. Treasury securities in the primary dealer community. He became the first long bond trader for Bache in 1978, and formed the Government Bond Department at LF Rothschild in 1981, helping establish that firm as a primary dealer in 1986. This experience gives him the insights to be an expert on monetary policy, which he features in his newsletters, and market commentary.

Suttmeier's industry licenses include, Series 7 and Registered Principal (Series 24). He has been the Chief Market Strategist for ValuEngine.com since 2008 and often appears on financial TV.

Click here for details on Suttmeier's "Buy and Trade" investment strategy.

Richard Suttmeier can be reached at RSuttmeier@Gmail.com

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