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norok
Sep 1, 2022 7:25 PM

UPS Post Earnings Pullback Long

United Parcel Service, Inc.NYSE

Description

NYSE:UPS Triggered a spike alert this morning which is happening at the 50% Retracement of the Post Earnings Rally. (see below for Daily higher timeframe context)

These are the real "earnings plays" that can yield positive returns rather than trying to buy a guess on the day before. Trying to buy or sell the day before earnings is a guess but very often earnings cycles create these setups weeks after a move has occurred with a much higher probability than a 50/50 bet.

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