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DP559

$UPS SHORT DOWNSIDE TARGETS!

Short
United Parcel Service, Inc. (NYSE:UPS)  
DP559 Updated   
NYSE:UPS   United Parcel Service, Inc.
Trend Analysis Chart Patterns Technical Indicators
3
0
trendanalysis chartpattern indicator
Whats up guys!

Here are my thoughts on $UPS.


Looking at the 4hr chart, we see price bouncing off the $155 support level many times.

Price is trading below the 20, 9, and 200day moving averages which is bearish.


If you look Left you can see a big gap that $UPS has potential to fill and those are my potential targets.


Thank you for stopping by and happy trading!
-DP

Comment:
(Potential early death cross on the 21 and 200 day moving averages)
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