UPSI trade ideas
Ascending triangle on United Parcel Service. UPSWe have completed a very harmonious, symmetrical ascending triangle on UPS. And as we know a weak impulse or a corrective pattern always follows a triangle.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe.
$UPS with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $UPS after a Negative over reaction following its earnings release placing the stock in drift C.
UPS - Blue Chip, 3 month base breakoutBreaking out from a 3 month base. Buy the breakout now with a pilot position or wait for a minor technical pullback.
You don't need to know what's going to happen next to make money ~Mark Douglas
Lose like a pro and keep trading, or lose like a novice and quit ~Mark Ritchie
Breakout of right angled triangle the price broke the right angled triangle and possible heading to (TP1=193.75$/TP2=203.55)
UPS Long IdeaObviously 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.
UPS PUTS -Below 169.55 is the confirmation for the break in which will give us confirmation for puts
-BIG rejection candle off the 100 ema
- first target is 165.81 then 159.48 (200 ema)
-Wait for confirmation before entry 1-2 30 min candles before entry
A bullish right-angled triangle with false breakout Breakout of a reversal bullish patern (right-angled triangle).Expected to go up to 193.75$ (resistance).
UPS - Weekly AnalysisStructural similarities are labelled in corresponding colors
Bars patterns placed are just my speculative view of where price will move
Major trend line in green has been reclaimed
UPS 30m, 45m and 1h wolfe wave 5/3A Wolfe Wave is a chart pattern composed of five wave patterns in price that imply an underlying equilibrium price. Investors who use this system time their trades based upon the resistance and support lines indicated by the pattern.
$UPS with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $UPS after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 72.73%.
UPSFollowing up on the earlier IYT post, I noticed UPS is oversold on the daily and threw a reversal pattern today. UPS is the second biggest holding for IYT.
Snagged a few calls for next week, earnings 4/26.
UPS - $193 Support?I believe this finds support at $193 before a quick bounce to the upside.
Stop loss at $190.
Not financial advice. Good luck to all :)
UPS 1W wolfe wave 4/4A Wolfe Wave is a chart pattern composed of five wave patterns in price that imply an underlying equilibrium price. Investors who use this system time their trades based upon the resistance and support lines indicated by the pattern.
UPS Projection Price just retested support at the bottom of the supply zone/red box
If price rebounds and breaks out of the red zone we can see a run to Letter D, finishing the harmonic pattern.
Ups Longing here. 213.37 as low as 211.56 is ok. Holding uptrending suppor line 1 hour. Previous support attempt at these levels failed multiple times but we are now holding. Upper resiatnce 219 of a larges symetrical triangle we had rejections at both tests of resiatnce but still maintained pattern support. This is a BIg pattern. If we do control here and pop above 219-220 we could see up to old high or new high of 260$
UPS looking to fall. UPSGoals 199, 190, 185. Invalidation at 230.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe
$UPS with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $UPS after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 75%.
RectangleEarnings have passed with good results and received well.
Rectangle top. Targets above the top trendline are Up targets and targets below are targets if this were to break the support of the bottom trendline.
Rectangles are horizontal trading patterns/consolidation patterns. Price is above the top trendline of the rectangle right now.
No recommendation.
Sometimes I wonder if the main purpose of the market is to make fools of as many people as possible.
fresh breakout on UPS 🚙ups is finally breaking extreme resistance zone! can it hold though? time will tell :D
a break below 220.40 will send us back to trendline support, if we hold above i expect a slow grind to 240-250.
like and follow for more! 💘
$UPS, wl idea Daily Inside Bar On my list, Possible OPG or opening price guarantee if you trade w Interactive brokers. Low conviction play but this is type of action i look for in a stock after Studying the 20% daily winners and losers for past year every day, also weekly gainers of 30% plus. DO this and you will become a better trader, Learned from the legend EG/Stockbee, he has a video on you tube regarding this daily practice, along with his Deep dive methodology, which in itself is life changing, but a true test of your will power to get through it. Once you do 4-5 everything changes, He is not lying and i can attest to that. What is a deep dive, 24 hours plus of 1000-3000 plus of naked charts, straight, small breaks are ok , naps eating and rest, otherwise charts on charts. Noting exactly where each burst originates, I personally notarize all of the patterns I know because i trade my own style, and all moves are measured adn studied in detail.
Please see his you tube channel and or website /Blog. for more details. I will be doing live reviews of pattern hunting in the near future. Procedural patterns that are engrained w me, how i see them so quickly (1 minute tf fractals even 5 second tf, same fractal patterns that i trade on daily and 4 hour.) It is truly something to wrap your head around and see and trade live. Many right off the market open or first hour.
I will be sharing a lot of material leading up to my course release on how i find my patterns and actual live plays with serious potential. Please stay tuned I want to share what i have learned with you guys.
