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United Parcel Service Inc.(UPS:NASDAQ)Elliott Wave Technical Analysis,16 January 23


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United Parcel ServiceInc.,Elliott Wave Technical Analysis

United Parcel Service Inc.,(UPS:NASDAQ): Daily Chart,16 January 23,

UPSStock Market Analysis:Looking for upside into wave (c) of {b},to get around the area of previous wave (b).

UPSElliott WaveCount:Wave(c) of{b}.

UPSTechnical Indicators:200EMA acting as resistance.

UPSTrading Strategy:Looking forfurther confirmation to enter longs.

TradingLounge Analyst: Alessio Barretta

 

UPS_1_16.thumb.png.081f50c00b7cd967eeb2ad0b0ff9bc28.png

 

 

 

United Parcel Service Inc.,UPS:4-hour Chart,16 January 23,

United Parcel Service Inc.,Elliott Wave Technical AnalysisUPSStock Market Analysis:Looking for fivewaves up into either wave (c) or wavei of (c).

UPSElliott Wave count:Wavei of(c).

UPSTechnical Indicators:Above allaverages

UPSTrading Strategy:Looking for a three wave pullback in potential wave ii before entering long.

UPS_4H.thumb.png.87706e807345ad3cf0fea4ee6f3277ba.png

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