United Parcel Service Inc.(UPS:NYSE) Elliott Wave Technical Analysis October 7 2022

United Parcel Service Inc., Elliott Wave Technical Analysis

United Parcel Service Inc., (UPS:NYSE): Daily Chart, October 7 2022, 

UPS Stock Market Analysis: Moving as expected, we are looking for further downside with at least one more move down. 

UPS Elliott Wave count: (iv) of {c}

UPS Technical Indicators: We are below all averages

UPS Trading Strategy: Looking to short on wave (iv) to potentially target equality of {a} and {c} at 148$.

TradingLounge Analyst: Alessio Barretta

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United Parcel Service Inc., UPS: 4-hour Chart, October 7 2022 

United Parcel Service Inc., Elliott Wave Technical AnalysisUPS Stock Market Analysis: The subwaves are pretty clear which gives us additional confirmation. Looking for further downside and potentially a sideways wave (iv) alternating with wave (ii).

UPS Elliott Wave count: Wave (iv) of {c}.

UPS Technical Indicators: We are using the 20EMA as resistance as well we are starting to form RSI divergence.

UPS Trading Strategy: : Looking to short on wave (iv).

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  • jimstocker
    ·2022-10-09
    TOP
    Nice to know about it. thanks
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    • Gee1
      oo
      2022-10-09
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  • alex alexalex
    ·2022-10-09
    stop dropping pls
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    View more 3 comments
  • Lsiang
    ·2022-10-09
    Informative
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    • CPkawaiiReplying toKW1
      H
      2022-10-09
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    • KW1
      ok
      2022-10-09
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  • jat
    ·2022-10-09
    [Like]  thanks for sharing... I'm still learning how to read the waves
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    • YLS0721Replying toCchan
      H
      2022-10-09
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    • Cchan
      B
      2022-10-09
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  • ferwih
    ·2022-10-08
    nice info
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    • Leo_T
      K
      2022-10-09
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  • Zhaoxiang
    ·2022-10-08
    llike pls
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    • jerwy
      ok
      2022-10-08
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  • THB
    ·2022-10-09
    Haiz bro bro sad
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    • all the best
      Cool but sad too
      2022-10-09
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    • AMDidass
      don't be so sad bro
      2022-10-09
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    • vcvcbc
      mine all dropping
      2022-10-09
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  • Niknaks
    ·2022-10-08
    should be good
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  • 谢谢你的分享
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    • C1238
      Crew
      2022-10-09
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    • keaty
      ok see
      2022-10-09
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  • KoZay4928
    ·2022-10-12
    Great ariticle, would you like to share it?
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  • River69
    ·2022-10-09
    thanks for sharing.
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  • Philipthean8
    ·2022-10-08
    Thanks. good luck
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  • greedycat
    ·2022-10-09
    Like一个呗
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  • paul55555
    ·2022-10-09
    Good info
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  • Toby_Chua
    ·2022-10-09
    recession indicator....
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  • HHM13
    ·2022-10-09
    Thanks for the detailed analysis!
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  • RedpillBluep
    ·2022-10-09
    hm, interesting 🤔, thanks for sharing ☺️
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  • Tangen
    ·2022-10-09
    Great article! I would like to share it.
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    • JBT
      Gd
      2022-10-09
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  • Tiantianying
    ·2022-10-12
    Ok, thanks for sharing.
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  • CharlieHtay
    ·2022-10-13
    Great ariticle, would you like to share it?
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