UPS looks weakRSI is hitting oversold zone... but at the same time its also breaking all recent support areas. could be a good short candidate if it continues this pattern, goodluck :)
UPS trade ideas
$UPS trade the box breakout Darvas MethodPossible good short idea with a break below the box $189/188 zone. I like the R/R on the short side with a volume pocket indicating a possible free fall to $180 .... Juicy
Bulls have been defending this spot however and could also move back up towards top of the box. Watch for a break to the upside to go long. Short side invalidated if box holds.
Essentially Nicolas Darvas method (box break out trading) Great book if you haven't read it.
Alerts set :)
UPS Minor resistance UPS has met a minor resistance level it's possible it will go back down to test the 20 MA and there is confirmation with the stochastic RSI
Good News Brings Good Deliveries! $UPS$UPS is definitely pointing in the right direction. With the Roadie Acquisition complete UPS just opened up the door for more jobs to be available to the public through the Roadie delivery app. Just a quick story about the app, this is not promotion in anyway just information. So during the beginning of the pandemic when the app was launched, or when I think the app was launched.... I did a few deliveries for the service. One in particular took me let's say 40 mins, I'm certain it was less but for lack of time management let's go with that. Well in 40 mins I picked up and delivered 10 bags of play sand for $250. Just saying some people will find this really worth it. Happy trading :-)
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**BY THE WAY I MADE NO MENTION TO THE DETAILS OF THE CHART CAUSE I BELIEVE IT IS SELF EXPLANATORY.**
NYSE:UPS
THIS IS NOT FINANCIAL ADVICE.
Same UPS Chart Without IndicatorsRemoved indicators so you can see the chart better. Details in previous post.
UPS Long 200UPS has been basing in a $10 flag between $190 and $200
After a few attempts at $200 and higher lows forming
Could be a tight risk entry up off of recent support for a move back to prior ATHs ($220)
UPS Gap Fill$UPS unfilled gap above.
Trigger: Price > $199.28 with high relative volume
Trade Vehicle: 10/1 $205C @ $1.30
UNITED PARCEL SERVICE: Uptrend The stock is still in uptrend, possible upward movement in near future. ---SL & TP to set---
UPS⬆ BULLISH
MktCap $171.66B
Price $197.16 (AH)
Price target $204.63/ 214.71
Stop loss $190.40
In my opinion.
TrendyTrades: UPS Bullish Gap-FillWe are looking for a confirmation with price closing above entry and taking it long to pt. 2nd confirmation for a long would be a close over yellow line.
UPS Getting ready for a big move!UPS gapped down after ER and retraced back to .618 level and have been consolidating since. We forming a bull pennant and setting up for a mean reversion to the upside with a target of 200.50. We are also forming a TTM Squeeze on 4H, 2H, 1H and 15M. Gap fill potential if the squeeze fires. Average post squeeze run is about $8 move.
Key Level: 192.70 area to break for a possible target of 195.90.
Contract Suggestion:
BTO UPS 8/20 195C @ 1.10
BTO UPS 8/20 192.5C @ 2.15
Stop loss: Below 190
NYSE:UPS
UPS really wants to fill that gap.UPS will trade under the ticker symbol DOWN until that gap is filled. $180 level is a good entry to go long.
UPS Announces Quarterly Dividend and $5 Billion Share RepurchaseUPS: UPS
2021-08-05 17:50:53
UPS Announces Quarterly Dividend and $5 Billion Share Repurchase Program
$UPS with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $UPS after a Negative under reaction following its earnings release placing the stock in drift D
If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
UPS big gap down - up or down UPS gapped down big on earnings day has been going sideways for a few days. UPS has been a massive bull run until May 2021.
As you can see from the chart, 190.75 and 195.60 are the support resistance region. It will be interesting to see which way it breaks out as it has been going sideways within this range.
My bias is to the downside, though we should stay neutral.
But i am tempted to do a bear call spread around the 215 level.
Sunday Prep 7/25 - $UPS Over $215 she could go straight to ATHNice looking weekly chart here. Feel like over 215 and she goes straight up to ATHs and possibly next leg up. Only concern I have is that it really didn’t spend a lot of time building this new base. If they miss on numbers, I think it can flush down to the 200 level which should probably be a good level for scoops. I don’t think a pullback to that area hurts this stock at all. Think it would be just what the doctor ordered so that the infant base can spend some more time maturing into a teenager before eventually flying the coop. You also have a quarterly pivot and a monthly pivot at 198.8 and 196.78 respectively.
UPS - TO UP OR NOT TO UPWeekly - Flag
Volume - Falling
Earnings - Release Next Week
Looking For More Signals Before Entry ... Enter At Your Own Risk ... Happy Fishing !
UPS , massive double topLooks like a pennant but quacks like a doubletop.
UPS trades under the dow jones transportation index or DJT .
I added DJT to this chart (Orange wave) to show the comparison. DJT as you can see is bearish and UPS is moving in its direction slowly.
MACD -Death cross
RSI - downtrend
Selling volume increased heavily.
This is a longterm short play, a fall below trendline would be a double top conformation.
UPS ShortDouble Tops
Breakaway Gap + revisit
OBV<OBV34
Short 211
Stop 220
Target 180
Risk management is much more important than a good entry point.
The max Risk of each plan should be less than 1% of an account.
I am not a PRO trader. I trade option to test my trading plan with small cost.
I created some tradingview scripts to improve my trading entries:
OBV and OBV SMA comparison;
Williams %R two lines;
UPS potential reversalBig liquidation break from UPS last week. The last two days have been inside so I'm looking to see if it is building a base for a reversal. If it can hold the 197 low I'd like it for a long.
