Great ariticle, would you like to share it?United Parcel Service Inc.(UPS:NYSE) Elliott Wave Technical Analysis October 7 2022
@TradingLounge: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 Source Tradinglounge.com Get trial here! 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).
United Parcel Service Inc.(UPS:NYSE) Elliott Wave Technical Analysis October 7 2022Disclaimer: 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.