UPS trade ideas
UPS a bit more patience
What we can see on this $UPS chart Divergence , RSI D1 over 81, Week ~79. One minus is what i see here alot of riangles wich confusing me...
I think everybody holding this stock until Dividend's day (ups and its friday) then weekend and after that sell off.
Everyone is now jumping on a $UPS rocket that is scheduled to fall .
Thanks for reading thats my opinion.
If you not greed or think same push Like button )
$UPS is looking goodI'm seeing an ascending triangle forming. With earnings coming up this week it seems like a no brainer. Fedex did very well and i suspect business has been very good for deliveries these past 3 months. I have no shame in saying that this will be my earnings play for the week might go in earlier if it hits $122.
United Parcel Service $UPSAfter broke $103.8 out, hit the 100SMA and went back below buying point. It hold above 20SMA. RSI is still above the trend line so i would consider to be long after break out of $103.8 again.
12 months Consensus Price Target: $111
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Thx
$UPS Target levels
Needless to say UPS is major benefactor of the stay at home shopping surge.
Recent increase in charges have went down well with investors who see a margin improvement coming
Insider Purchase
TOME CAROL B Chief Executive Officer May 29 Buy 99.33 10,100 1,003,233 13,036 Jun 02 04:05 PM
UPS: BULLISH SIGNALSUPS price is moving up and it is likely to test the resistance level in the next days! This thought is highly supported by two indicators:
- MACD(12,26,9) -> MACD line > Signal line
- RSI 14 shows no indication of overbought conditions
High probability that a breakout will take place. However, my suggestion is to wait for the price to come back and test the resistance to ensure the resistance has become a support in order to avoid false breakout.
Be aware of a possible bounce back to the previous support! In that case GO SHORT.
Not a financial advise.
Enjoy your trade!