UPS ready for a 20% move
United Parcel Service Inc. (UPS) having previously closed below key support, showing potential weakness.
However, there is significant support below present price levels.
Holding above secondary support, (UPS) is susceptible to recovery over the months ahead.
A weekly settlement above near-term resistance would place (UPS) in a buy signal where gains of 20% would be expected over the next 3 - 5 months.
Inversely, closing below support would elicit a sell signal where losses of 20% would be expected over the same time horizon.
However, there is significant support below present price levels.
Holding above secondary support, (UPS) is susceptible to recovery over the months ahead.
A weekly settlement above near-term resistance would place (UPS) in a buy signal where gains of 20% would be expected over the next 3 - 5 months.
Inversely, closing below support would elicit a sell signal where losses of 20% would be expected over the same time horizon.
Anthony Speciale, founder of Speciale Analysis offers an affordable approach for all traders to grow into their highest potential.
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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Anthony Speciale, founder of Speciale Analysis offers an affordable approach for all traders to grow into their highest potential.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.