United Postal Service | UPS | Long at $92.00The United Postal Service NYSE:UPS finally closed out the last remaining price gap on the daily chart (since 2020) and entered my "crash" simple moving average zone. With a P/E of 15x, earnings forecast growth of 8.12% per year, and a dividend over 6%, NYSE:UPS "may" be a good buy and hold through these tumultuous economic/trade war times. I wouldn't place a continued price drop near $75-$85 out of the question, but I'm not in the game of calling bottoms.
At $92.00, NYSE:UPS is in a personal buy zone. Word of caution: if this stock really tanks due to trade issues and massive recession, $50s...
Targets:
$108.00
$120.00
$133.00
