United Parcel Service Inc.(UPS:NYSE) Elliott Wave Technical Analysis 25 January 23
United Parcel Service Inc., Elliott Wave Technical Analysis
United Parcel Service Inc., (UPS:NYSE): Daily Chart, 25 January 23,
UPS Stock Market Analysis:The big dump on the daily chart isn’t actually real, therefore everything is moving as expected and we are actually expecting downside into wave c of (b).
UPS Elliott Wave Count: Wave(b) of{b}.
UPS Technical Indicators:200EMA acting as resistance
UPS Trading Strategy:We can look for shorts right now with a stop above wave a of the triangle represented by the red line.
TradingLounge Analyst: Alessio Barretta
Source : Tradinglounge.com get trial here!
United Parcel Service Inc.,UPS: 4-hour Chart, 25 January 23,
United Parcel ServiceInc.,Elliott Wave Technical AnalysisUPS Stock Market Analysis:It looks like we are in wave e of the triangle in wave b. Looking for downside.
UPS Elliott Wave count: Wavee ofb.
UPS Technical Indicators:averages acting as resistance
UPS Trading Strategy:Looking for shorts with stop and entry point represented by the red and blue lines.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Thanks