06Feb
United Parcel Service Inc., Elliott Wave Technical Analysis 06 February 2023

United Parcel Service Inc., Elliott Wave Technical Analysis 06 February 2023
4Hour
United Parcel Service Inc., UPS: 4-hour Chart, February 6 2023,
United Parcel Service Inc., Elliott Wave Technical Analysis
UPS Stock Market Analysis: It looks like that after the triangle in wave (b), we are now in wave iii of (c). We could look for short term longs on the pullback in wave iv.
UPS Elliott Wave count: wave 4 of iii.
UPS Technical Indicators: Above all averages.
UPS Trading Strategy: Looking for a pullback in wave iv to enter long.

Daily
United Parcel Service Inc., Elliott Wave Technical Analysis
United Parcel Service Inc., (UPS:NYSE): Daily Chart, February 6 2023,
UPS Stock Market Analysis: Looking for further upside into wave {b}, we wouln’t want to see wave (b) of {a} to be broken but act as resistance.
UPS Elliott Wave Count: Wave (c) of {b}.
UPS Technical Indicators: Above all averages.
UPS Trading Strategy: Looking for an end of wave {b} to then look for shorts.

About the Author
Related
Elliott Wave charts by Alessio Barretta 4 Hour - It is clearer on this lower timeframe chart that pr...
Read More >
Elliott Wave charts by Alessio Barretta 4 Hour - We have a clear five wave sequence into wave (iii),...
Read More >
PINS + PATH OVERVIEW by Alessio Barretta: Pinterest Inc - look closely the 23.6 and 38.2 fib level,...
Read More >
Elliott Wave charts by Alessio Barretta 4 Hour - The move up in wave 1 can also be counted as a thre...
Read More >
CrowdStrike / CRWD, CareDx / CDNA, Intercontinental Exchange / ICE, Nio, PayPal / PYPL... recap of E...
Read More >
Elliott Wave charts by Alessio Barretta 4 Hour - We can identify a three wave move into wave {i}. It...
Read More >
You need to login in order to comment