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United Parcel Service Inc.(UPS:NYSE) Elliott Wave Technical Analysis 1 June 23


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United Parcel Service Inc., Elliott Wave Technical Analysis
United Parcel Service Inc., (UPS:NYSE): Daily Chart, 1 June 23,
UPS Stock Market Analysis: Looking for further downside into wave {c} to then complete overall correction in wave 2.  
UPS Elliott Wave Count: Wave {c} of 2.
UPS Technical Indicators: Above 200EMA.
UPS Trading Strategy: Looking for further downside into wave {c}, if we were to break north of wave (ii) we could see wave count invalidation.  
TradingLounge Analyst: Alessio Barretta
 
UPS_6_1.png.64be67d1bc7bc61407066172c231f1fe.png
 
 

 
United Parcel Service Inc., UPS: 4-hour Chart, 1 June 23
United Parcel Service Inc., Elliott Wave Technical Analysis
UPS Stock Market Analysis: Looking for downside into wave (iii) to start unfolding as we seem to be moving lower into wave iii.
UPS Elliott Wave count:  Wave  iii of (iii).
UPS Technical Indicators: Below all averages.
UPS Trading Strategy: Looking for downside to start unfolding fast, otherwise we could be in a leading diagonal in wave (i).
UPS_4H.png.41ecb93011325678e7ea961d19b95a87.png
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