25Jan
United Parcel Service Inc., Elliott Wave Technical Analysis 25 January 2023
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United Parcel Service Inc., Elliott Wave Technical Analysis 25 January 2023
4Hour
United Parcel Service Inc., UPS: 4-hour Chart, January 25 2023,
United Parcel Service Inc.,Elliott Wave Technical Analysis
UPS Stock Market Analysis: It looks like we are in wave e of the triangle in wave b. Looking for downside.
UPS Elliott Wave count: Wave e 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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Daily
United Parcel Service Inc., Elliott Wave Technical Analysis
United Parcel Service Inc., (UPS:NYSE): Daily Chart, January 25 2023,
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 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.
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