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vf_investment
Nov 22, 2023 3:12 PM

UPS long at the support Long

United Parcel Service, Inc.NYSE

Description

Hello everyone!

UPS has been in a downtrend for a long time however recently the price created the first higher low which might be the sign of the trend reversal. We are expecting a small pullback to retest previous resistance and confirm it as a support. Long position can be taken at the retest and the target would be on the next horizontal resistance. Target for longs is at 156 dollars.

Do you agree?
Comments
Investing_Trading
Good Thinking
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