United Parcel Service Inc. (symbol ‘UPS’) share price has lost almost 10% of its valuation in the second quarter of 2023. The company’s earnings report for the fiscal quarter ending June 2023 is set to be released on Tuesday 8th of August, before market open. The consensus EPS is $2.51 compared to the same quarter of last year at $3.29.
‘The company has a...
This is the second attempt for UPS to move into the 4/25/23 FGD and while volume is weak it is showing price strength and now a higher high.
Nice RR here of about $2.50:$10.
Last month, a significant majority of 97% of UPS Teamsters voted in favor of authorizing a strike in the event that the parcel delivery company fails to present a satisfactory contract for the workers. National negotiations between the Teamsters and UPS commenced on April 17.
In the US parcel shipping market, UPS holds a market share of 24% based on parcel volume...
Buy NYSE:UPS Jul-07-23 $172.5 Strike Puts @ 0.14 Limit to Open
A quick short due in 3 days. Cheap entry with huge gain if the volatile drop continues to the downside.
UPS looks pretty good.
The higher low seems to be confirmed and UPS may be ready for a mark-up phase .
Expecting a strong move in the next weeks.
Entry, stop loss and 2 targets (red lines) are shown on the chart.
Risk - reward ratio : 2,72
Good luck
Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 173/61.80%
Chart time frame : B
A) 15 min(1W-3M)
B) 1 hr(3M-6M)
C) 4 hr(6M-1year)
D) 1 day(1-3years)
Stock progress : B
A) Keep rising over 61.80% resistance
B) 61.80% resistance
C) Hit the bottom
D) Hit the top
Stocks rise as they rise from support and fall from resistance....
Setting this Macro Potential play till AUG 3 I will be looking at what happens till June 29 if we run up till then, then I will be lookin at July 17 Opportunities to catch the next trend. Trying to see if this Diamond Double Curve Setup will play out to the run up potential to 193-195 at the end of this pattern frame. The spike up could come initially so...
NYSE:UPS is up 2% today. It has hit my expected resistance so I have decided to take profits.
As shown in the 3-day chart, we have good momentum to the upside but the volume oscillator is trending down.
Note this is not bearish by any means, it only suggests that price action may be capped in the near term.
The 3 day chart is presented here based on my own...
Industrials look like they want to start rotating up. I like UPS if they do. Testing multiple levels here (AVWAP from c0vid lows, weekly 200 sma, & 1.618 extension. Watching for this to go red to green on the weekly to begin making its way back to AVWAP from ATH.
NYSE:UPS gears up for Q2 earnings tomorrow morning 📈:
Completed a 2-2-2u reversal after bouncing off the 9EMA on Friday 📊
Near a wedge breakout & bearish gap fill 🧐
🔺 Calls: Trigger over $197.55
Targets: $199.55, HKEX:201 , HKEX:205
🔻 Puts: Trigger under $194.70
Targets: $192.87, $188.70, $186.55
💸 Market expects a HKEX:9 move. Trade wisely!
With all the ups and downs of the market USP been in a nice up trend but looking at the charts USP setting up for nice bear flag with a bearish divergence forming on daily and weekly chart so im be keeping a close eye on it
Still holding the trend and sitting right around the breakout level. Some interesting closes the last two days where buying has pushed it towards the high of each day. Not looking for much on this one, if it gets to 200 I'm content.
it has a very weird chart which I can not estimate how it could make. UPS had a strong uptrend. whiting parallel channels it can hold an uptrend and fall below MA's. I think it could move in either direction the key levels are 50MA or the lower trendline should be broken.
