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United Parcel Service Inc.(UPS:NYSE) Elliott Wave Technical Analysis 15 June 23

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United Parcel Service Inc., Elliott Wave Technical Analysis
United Parcel Service Inc.,  (UPS:NYSE): Daily Chart, 15 June 23,
UPS Stock Market Analysis: We have been looking for downside into wave {c} to complete a higher degree wave 2.  
UPS Elliott Wave Count: Wave (ii) of {c}.
UPS Technical Indicators: Between 200 and 20EMA.
UPS Trading Strategy: Looking downside into wave (iii), waiting for a clear three wave move in wave (ii) to have additional confirmation.
TradingLounge Analyst: Alessio Barretta

United Parcel Service Inc., UPS: 4-hour Chart, 15 June 23
United Parcel Service Inc., Elliott Wave Technical Analysis
UPS Stock Market Analysis: We are looking at an ideal area for wave (ii) to stop. Ideally at around the 50% pullback of wave (i) as we have the previous wave ii of the diagonal.
UPS Elliott Wave count:  Wave (ii) of  {c}.
UPS Technical Indicators: Below 200EMA
UPS Trading Strategy: Looking for short off of wave (ii).
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