$UPS Major support. CBD on daily (kind of 4hr too)Needs to hold this support. Risk easy to manage here.
UPS trade ideas
UPS Entry & Long Target - Trading StrategyUPS is a terrific company that provides a valuable service. Currently the P/E ratio is very high, and with current earnings it is tough to justify this in a portfolio as an aggressive strategy. With that said, as outlined within the chart - if price offers confirmation off S1 we will find a nice entry to target the top of the wedge following that.
Keep in mind this is a terrific investment looking out long term. As outlined in two publications, they have now sold the Freight Division for $800 million and will be concentrating efforts on the legacy parcel division which is the most profitable, undertaking a "better rather than bigger" strategy.
I wish nothing but the best for this incredible company and offer the following two sources for those interested in reading about the selling the LTL division to TFI International:
“We see compelling opportunities to improve yield, efficiency, and...productivity, both near and long-term,” TFI Chairman and Chief Executive Officer Alain Bédard said in a Monday call with analysts.
"The acquisition caps a dramatic period of growth for TFI that has seen the business buy dozens of companies. Many were small operators, but the deals also include the 2016 acquisition of XPO Logistics Inc.’s truckload division, and the purchases of trucker Vitran Corp. and of truckload carrier Transport America Inc. in 2014.
Mr. Bédard said the truckload business at UPS Freight, which makes up about 10% of the unit‘s revenue, will be blended into TFI’s existing truckload operations while the main LTL segment, including 147 terminals and 50 leased sites, will operate on its own."
blog.translogisticsinc.com
www.wsj.com
UPS coming off big supportUPS bounced off that huge support. Expect it to slowly works its way through these channels. Not really interested in any moves unless it's a break of 155 or ATH.
$UPS with a neutral outlook following its earnings #BeststocksThe PEAD projected a neutral outlook for $UPS following a positive over reaction after its earnings releasing placing the stock in Drift B
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UPS looks to be continuing its downtrendUPS closed under the 150day and is below a big point of control. Pretty low volume on the way down so I think it has a shot at falling to the 200day around 140. I'd like to see the ChiOsc reach >= -5.7M for a big downside move. These levels need to hold for a shot at a reversal.
UPS under 154.00Double top, thin volume profile below, this could be a beautiful short opportunity down to a fib and volume support in the 144-145 area.
$UPS SHORT DOWNSIDE TARGETS!Whats up guys!
Here are my thoughts on $UPS.
Looking at the 4hr chart, we see price bouncing off the $155 support level many times.
Price is trading below the 20, 9, and 200day moving averages which is bearish.
If you look Left you can see a big gap that $UPS has potential to fill and those are my potential targets.
Thank you for stopping by and happy trading!
-DP
$UPS - Binary event with no predictions. NEUTRALWait until the box breaks, then react. Do not play long or short until the market tells us what to do.
$UPS Sink or Swim TimeThis $155 level has been a strong support since August of last year. That level has been testing multiple times and the stock closed smack right at it in Today's session. Next week earnings would probably be the catalyst for the breakdown of that support or a strong rally from it. Interesting chart!
I think is holding fineI got shares at 155 with the earnings can boost the price up, also 155 is a weekly resistance level.
UPS's current channelinvestors are clearly comfortable buying UPS at 155, but not valuing it more than 175
UPS Could Face More DownsideUPS is at a pretty big level here. It is at the P.O.C for the past 6 months(~160) and it is a pretty steep ledge in terms of volume. We're also close to the 150day, I'm thinking things could get ugly if we break ~154-156.
💡$UPS 📮 Helping deliver the CV19 vaccine! 💰+9%🏌️♂️📖 UPS is the worlds largest package delivery company. UPS’ valuation is much higher than FedEx, buy maybe for good reason. UPS is better at generating profits and generating free cashflow from its earnings. UPS has benefited from surging e-commerce volumes in 2020 due to a combination of stay-at-home measures and social-distancing decisions, especially from business to consumer deliveries. However, this has presented margin challenges - for example - the surge in white goods purchased online are bulky and costly to deliver to residential properties. UPS could be poised to continue to benefit from the rise in e-commerce. In addition, the vaccine will help UPS as its delivery networks will play a key role in distributing it. UPS CEO Carol Tome outlined how UPS is expanding its "freezer farm capacity by installing validated freezers that range from negative 20 to negative 80 degrees Celsius" in Kentucky and the Netherlands. UPS is clearly playing a major role in the global distribution of vaccines.
📈 UPS is down 9% from its all time highs. It has been trading in a bullish price channel since lows in May and experienced a massive gap up in July after better than expected earnings. Price has been range-bound since August. Price has recently bounced from the support zone around $155. There is some further resistance from a downward trend line from highs in December. Should we see price break this, UPS could see a 9% swing back to near all time highs. Median analyst price target is $183, 14% higher of todays levels.
🔎This is not financial advice. Always do your own research and due diligence.
UPS is at SupportUPS is at a support level right now and could be reversing. The momentum for UPS is still negative but I added a little bit here, it's already starting to bounce. Keep UPS in your watchlist because it is looking oversold right now.
Thank you for visiting my idea everybody I appreciate this community
Still room for growthIf anybody needs a swing idea, may still work it’s way up to resistance (red line). Don’t forget to set a stop loss!
Buy United parcel services ups at current priceIt is a very good opportunity for who invest in us market. This give 40% return in 2 to 3 weeks
Options play on UPSLong the Jan 15 175calls for now as it's retesting this key spot. Really nice r/r
