UPS Long Idea
Updated
Obviously overall market conditions will have a part to play in this trade. Relative Strength Index showing divergence on the daily indicating that a bullish reversal may be coming. Horizontal weekly support and channel support there to help the situation. MACD showing signs that it could turn positive soon, definitely one to watch. Will be looking for an entry on counter trend line break with target at top of channel.
Note
Playing out nicely
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