Elliott Wave Technical Analysis: United Parcel Service Inc. - Wednesday, Jan. 25
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United Parcel Service Inc., Elliott Wave Technical Analysis
United Parcel Service Inc., (NYSE: UPS): Daily Chart, 25 January 23,
UPS Stock Market Analysis: The big dump on the daily chart isn’t actually real, therefore everything is moving as expected and we are actually expecting a downside into wave c of (b).
UPS Elliott Wave Count: Wave(b) of{b}.
UPS Technical Indicators: 200EMA acting as resistance
UPS Trading Strategy: We can look for shorts right now with a stop above wave a of the triangle represented by the red line.
Analyst: Alessio Barretta
United Parcel Service Inc., UPS: 4-hour Chart, 25 January 2023
United Parcel ServiceInc., Elliott Wave Technical AnalysisUPS Stock Market Analysis: It looks like we are in wave e of the triangle in wave b. Looking for a downside.
UPS Elliott Wave count: Wave of b.
UPS Technical Indicators: averages acting as resistance
UPS Trading Strategy: Looking for shorts with stop and entry point represented by the red and blue lines.
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