UPS price is moving up and it is likely to test the resistance level in the next days! This thought is highly supported by two indicators: - MACD(12,26,9) -> MACD line > Signal line - RSI 14 shows no indication of overbought conditions
High probability that a breakout will take place. However, my suggestion is to wait for the price to come back and test the resistance to ensure the resistance has become a support in order to avoid false breakout.
Be aware of a possible bounce back to the previous support! In that case GO SHORT.