UPS trade ideas
UPS long Trend line playMissed the perfect entry as we gapped up. small position in already, will add on if we hold the current zone. If you have questions about the trendlines and horizontal area of interest (zones/colors/ meanings etc) you will have to DM me as it is too involved to go over in a comment. Happy to communicate though, just give me a little time.. Happy trading and stay green!
Watch for bounce on 100EMARSI indicating a potential bottom around the 100EMA which is acting as good support
Watch price action tomorrow for confirmed buy
UPS: Shipping giant holds the 50-day SMA before Cyber MondayUnited Parcel Service has been adapting to the new digital landscape. And now it's bouncing at a potentially key level right before the holiday-shopping/holiday-shipping season.
UPS had a monster rally in July after shifting to next-day delivery services. That business line continued to grow 24 percent last quarter, although the stock fell on weak profit and the retirement of Chief Operating Officer Jim Barber.
UPS has also struggled with transports lagging the broader market because of slow economic growth and worries about China. But will that remain a worry as the S&P 500 hits new highs and Cyber Monday approaches?
UPS is also holding its 50-day simple moving average. That could give buyers a potential line to cut losses, but with a lot more space to the upside if they're targeting the highs from early 2018.
UPS weekly inside candleweekly inside candle. Was a weekly double bottom breakout with a measured move up to around 128. There is a gap to fill over 125 to 127.32. Go long over 124.25
UPS LONG could have an opportunity soon (next few days)NYSE:UPS
big timeframes are ready to go from consolidating to trending
the opportunity to join the trend could be from the daily chart
in a few days - as long as we see weak sellers
$UPS Monday trade in UPSEntry level $120.50 = Target price $135.00 = $stop loss $114.50
Bullish fundamentals post earnings.
Average price target $126 | Overweight.
P/E ratio 20.8
Yield 3.7%
Company profile
United Parcel Service, Inc. operates as a logistics and package delivery company providing supply chain management services. Its logistics services include transportation, distribution, contract logistics, ground freight, ocean freight, air freight, customs brokerage, insurance, and financing. The company operates through the following segments: U.S. Domestic Package, International Package, and Supply Chain and Freight. The U.S. Domestic Package segment offers a full spectrum of U.S. domestic guaranteed ground and air package transportation services. The International Package segment includes small package operations in Europe, Asia-Pacific, Canada and Latin America, Indian sub-continent, and the Middle East and Africa. The Supply Chain and Freight segment offers transportation, distribution, and international trade and brokerage services. The company was founded by James E. Casey and Claude Ryan on August 28, 1907 and is headquartered in Atlanta, GA.
I dont think I need to explain why.breakout of 180,0 SMA and 9,0 SMA signaling downtrend. yesterday the price contested the 180 SMA and got shot down meaning it is relevant to the situation.
UPS - Bull Put SpreadHigh Beta Stock.
RSI <2 and PA at S/R level of 119/118.
Looking for Reversal to mean higher.
Taking 115/110 Put Credit Spread.
Also picked up 120 Call for Directional Bias Higher.
Oct Exp but aiming to Close in profit well before that...
Good Luck - Watch your $$$ RISK
Your Parcel may be delayedUnited Parcel may be entering into a phase of correction as the signs are aligned for the bears.
First up, the long legged doji at the supply zone is a sign. Sellers may be kicking in in large numbers tonight.
Rising Wedge formation.
Potential overbought crossing
The buying gap is still hollow, perhaps price may stage a strong rebound there.
Nice topping pattern forming on UPSNice topping pattern forming on UPS with downside MACD divergence tht says prices should be around $115. this slower mover means we'll grab some sept 6 117 puts at 69c. again holding over weekend unless we gets some action in last hour of trading.
UPS July 30th 2019
A mentor a mine said UPS wants to go up.
I did my analysis to support reasons why.
This is the evidence I found.
UPS reversed from resistance, potential drop!
UPS reversed off its resistance at 118.04 where it could potentially drop further to 108.60.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
UPS Put SpreadPossible downtrend for UPS if earnings print another RED which is possible
Amazon is taking business form them via their delivery services, B TO B services are still strong for UPS
94/102 EXP Aug 30th, price $250 max profit $550
UPS potential reversal!
UPS expected to rise up to 1st resistance at 106.68 where it could potentially react off and drop down to 1st support at 102.44.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
UPS approaching resistance, look out for potential reversal!
UPS is approaching its resistance at 103.50 where it is could reverse down to its support at 98.61.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
UPS potential reversal!
UPS expected to rise up to 1st resistance at 103.50 where it could potentially react off and drop down to 1st support at 97.26.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
UPS reversed from resistance, potential drop!UPS reversed off its resistance at 103.59 where it could potentially drop further to 98.16.
