Still bullish on $UPS Still bullish on $UPS even though she wasn't cooperating this week.Longby TCM_Sniper1
All time highs for UPS?As we quickly approach the holiday season, even in a pandemic, UPS is swamped with deliveries, so much so that they have to put a shipping cap on numerous companies such as Nike and Gap. Can this be the catalyst to put this stock back above the ATH? It sure seems like it. Combined with good catalyst mentioned above and a symmetrical wedge forming, we can see a strong breakout coming soon for UPS. The first test I would like to see is 178, followed by a 1.272 fib target at 183.98. These targets also have other support and resistance levels, noted in pink on the chart, before reaching these levels. Solid volume along with a hold above the trendline makes for a fantastic opportunity with this stock. Contract suggestion: 1/15/21 170 calls, last recorded price at $5.50, 6,000+ OI. The stop will be placed at the break and hold of the lower purple trendline. Longby Sid24082
UPS Buy PossibilityUPs has been on a monster roll throughout the pandemic and is current;y trading in this channel. Holiday season is approaching and UPS will play a role in how vaccines are shipped around the country. I am currently looking for buys and see a possible setup for tomorrow. I would like to see Price action as UPS approaches its 50EMA on the 4HR chart. I like the RR of this trade. Possibilities: If UPS gaps up I may not enter the trade depending on how far it is from entry. Will wait for retest of key level. If it gaps down I will wait for price action to cross my demand area upwards. Exit: I will abandon this trade if it breaks and hold below the 50EMA on higher time frame. *This is not financial advice. I am not a advisor.Longby DereckthecoldestUpdated 3
similar to msfta lot of these companies are just hanging around near highs. i would add calls unless we actually saw some sort of breakout, we have been in a consolidation for months. theres no reason it wont last a whole year. be careful ! gl :)by Vibranium_Capital25
$UPS to $176Watching UPS to the $176 level - looking to pick up some easy short term gains in options on $UPS. Buying room to reverse but doubt I will need it. Longby katblat0
UPS RetracementHello traders! Entered a sell at resistance point. Falling nicely under VWAP. Waiting for a break of 50EMA for more aggressive entry (I'm already in short) Although I'm bullish longterm (Especially with holiday season around the corner) I am looking for a retracement here. Will be looking for buys at the green box. (Gap to fill area) I like the confluence of the Fib levels with support. This is not financial advice. Share your thoughts with me <3Shortby Dereckthecoldest1
UPS - Elliottwave analysis - Bear case UPS - It has completed impulse cycle from major bottom in 4 hr time frame and starts correcting the same. The C wave down expected from current level, so sell near 168-170 with stop level above 171.48 for target below 150 level as C wave. Give thumbs up if you really like the trade idea.Shortby EWFcw333
Can United Parcel Keep Delivering? United Parcel Service has been one of the bullish surprises of 2020 and the coronavirus pandemic. New CEO Carol Tome has shaken up the once-dull shipping company with a major focus on profitability, launching its share to new all-time highs in July. The last earnings report on October 28 was also strong. However, investors had “bought the rumor” beforehand and “sold the news” after. That landed UPS back near the bottom of its September range. Two sessions later it made a slightly higher low before starting to bounce. The price action resulted in a tight ascending triangle. The stock has also managed to claw back above its 50-day simple moving average (SMA) and had a bullish outside candle yesterday. Given the excitement about its new direction, plus e-commerce tailwinds into the holidays, trend followers may return to UPS after this pullback. TradeStation is a pioneer in the trading industry, providing access to stocks, options, futures and cryptocurrencies. See our Overview for more.Longby TradeStation7
Engulfing Big engulf green candle with decent volume. Most likely this wants to touch 178 and could be breakout also. Better would take init capital out on the 178 and leave the free money to run. Longby fqalogtrader1
too sideways imolook for a break of top line before entering. but this stock isnt on my watchlist anymore. im tired of the consolidation! i want a trend :D gl! leave a like <3Longby Vibranium_Capital1115
UPS CallMy 195 call that's 40% down atm. Speculation for market going up after stimulus with a break in resistance. Most likely a drop with support hold and I will sell with -40% on Nov. 10.by TBirbenUpdated 663
📬 UPS LONG 📬Strong Bullish Channel on the Daily, watch the resistance near 171.1 and 172.15 to break and hold.Longby Kindredd8
Iron TariHi guys, This is weekly option Iron condor, 5% strikes. Since the odds are so good I go in with a strangle. Follow my strategy for free, and check by yourself the odds and the maths! Enjoy your wallet! Tari.by TARITRADEUpdated 2
UPS Gone go higher ?Just charting, but my personal guess is that UPS is going too 200 the upcoming 2 or 3 weeks.by Xand3r_1
Ideas for 10/9DISCLAIMER: In my trading style/system I take very short term trades, and am often just scalping very high confidence moves (usually trying to buy breakouts minutes before they happen). I never hold anything overnight, and I'm usually done trading for the day before noon. If this is far from your trading style take these with a grain of salt, but hopefully some people find these helpful, I would still consider all of these short-term bullish set-ups. There's a good chance I end up taking none of these trades based on price action in the morning. I trade using 1) Price Action, 2) Sector/pairs momentum, 3) TTM_Squeeze. If you want to learn more about the squeeze indicator, check out this video by the guy who invented it: www.youtube.com Here's my a couple of my favs for 10/9, there's actually shitload of great setups rn imo. Unfortunately it is Friday so max pain will be something to take into consideration on every setup: UPS is a very high confidence play for me here for a couple reasons. First, technically it's exactly what I look for: daily squeeze firing and breaking out, now forming a sym triangle and squeeze on the 30m, which tends to imply continuation of the breakout. What makes this even better is when we compare it to FDX (the red line on the 30m chart), you can see over the past couple days FDX has been outperforming, and now UPS is in that 30m squeeze. I've found that when you have a pair of stocks like this that trade closely together, and one is making strong moves in one direction and the other is in a squeeze, it's very likely the squeeze fires in the direction of the opposing pair. Max pain is 170 so it may not play a role tomorrow, but there is heavy call OI at 175 so I could definitely see a situation where we get pinned at 175 tomorrow and gap up over the weekend. PEIX is still one of my top plays here. We got a little move up but hit resistance at the highs of the sym tri, and have now developed into a nice little ascending triangle, and our cute little 30m squeeze is all grown up and has developed into an hourly squeeze. Also this doesn't have weekly options so don't need to worry about max pain here. With the great consolidation today I'm definitely looking for 9.5, and I'd be surprised if this eventually didn't tap 10, especially looking at the resistance on the long-term chart. Here's my full watchlist for tomorrow, from best to least best (these all look fucking amazing imo): UPS HBI IIPR PEIX LAC CRM MOS PLUG FSLY ENPH ELAN Longby ICHIM0K0441