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.Shortby AIQ_SystemsUpdated 2
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.by blackhatproductions224
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. Shortby TradeGATEHub21
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 Shortby Synaptic724Updated 114
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. Shortby TradeGATEHub22
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. Shortby TradeGATEHub14
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. Shortby TradeGATEHub28
UPS reversed from resistance, potential drop!UPS reversed off its resistance at 103.59 where it could potentially drop further to 98.16. Shortby TradeGATEHub1129
Chart Analysis - UPSTouched support level 103.25/61.80%. Let's see next day's move. Longby fibonacci61800
Bullish S/R flip and DMA Golden Cross on UPS.UPS is currently building support on top of old resistance around $112 (which confirms the bullish support and resistance flip), and is consolidating in what looks to be a bull flag-like pattern. We also have a daily golden cross (50 day moving average crossing the 200 day moving average) and we could see the momentum continue to carry this stock higher. R/R is pretty good here, but I've had what I thought were good setups turn south pretty quickly (EA and SQ for example), so be cautious and use proper risk management if you decide to take this trade. Moving average guide (All daily for this post): 50 day moving average in Green. 100 day moving average in Yellow. 200 day moving average in Red. Entry: 112.30-114.50 Target 1: 118.00 Target 2: 120.60 Target 3: 125.00 SL: 110.50 (below the 50 and 200 day moving averages, and below our support zone at 112.) -This is not financial advice. Always do your own research and own due-diligence before investing and trading, as for investing and trading comes with high amounts of risk. I am not liable for any incurred losses or financial distress. Longby DeftsuoUpdated 4
UPS Approaching Resistance, Potential Reversal!UPS is approaching its resistance where a reversal could occur. Shortby TradeGATEHub39
UPS is approaching resistance, potential drop! UPS is approaching our first resistance where we might see a corresponding drop to our first support. Stochastic is also approaching resistance where we might see a corresponding drop in price. Shortby TradeGATEHub37
UPS Approaching Resistance, Potential Reversal UPS is approaching its resistance where a reversal could occur. Shortby TradeGATEHub33
UPS reversing off resistance, further potential drop! UPS is reversing off our first resistance at 111.51 where we might see a further drop in price to our major support at 99.22. Stochastic is also seeing further downside. Shortby TradeGATEHub30
UPS approaching resistance, potential drop! UPS is approaching our first resistancce at 111.51 (horizotnal swing high resistance, 78.6% fibonacci retracement, 61.8% fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 103.68 (horizontal pullback support, 38.2% fiboancci retracement). Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop in price. Shortby TradeGATEHub46
UPS sets up to be a low-risk short!The market has been in a never-ending buy-the-dip mode lately. With the Fed out of the picture and Trump tweeting about a China trade deal everyday, the stock market has seen very few decliners. Picking shorts has been a losing battle for 8 weeks now. I've found that it's never a good idea to arbitrarily pick tops unless I can give myself a solid technical setup with a decent fundamental reason to do so. In this case, UPS is meeting both of these conditions. Like many stocks, UPS went into a classical head and shoulders pattern, which it broke down from. It has since retraced all the way back to an important trendline (as it has now tested this trendline 7 times!). On Friday, XPO, another shipping and logistics company reported a bad quarter citing weakness in France and the UK. This news had a heavy read-through to FDX but not as much to UPS (FDX was down 5% on the XPO news at one point). However, UPS has still failed to breakout above the shown trendline and has very little fundamental reason to do so. Although old news, Amazon has entered the shipping space and is now a direct competitor of UPS and FDX. This may be more of a reason to see less upside and more downside from the shipping stocks. I think we can short UPS here around $111: Target $104 (neckline of H&S) Stop: Any close above the drawn trendlineShortby TradeWithAdamUpdated 118
UPS Reversed Off Resistance, Potential Drop!UPS reversed off its resistance at 111.51 (61.8% & 78.6% Fibonacci retracement , horizontal swing high resistance) where it could drop further to its support at 103.68. Stochastic has also reversed off its resistance.Shortby TradeGATEHub20
UPS Reversed Off Its Resistance, Potential Drop!UPS reversed off its resistance at 111.51 (61.8% & 78.6% Fibonacci retracement, horizontal swing high resistance) where it could drop further to its support at 103.68. Stochastic has also reversed off its resistance.Shortby TradeGATEHub32
UPS Approaching Resistance, Potential Reversal!UPS is approaching its resistance at 103.882 (100% Fiboancci extension, 50% & 38.2% Fibonacci retracement, horizontal overlap resistance) where we expect to see a reversal to its support at 96.91 Stochastic is approaching resistance at 95% as well where a corresponding reversal could occur. Shortby TradeGATEHub31