25Jan
United Parcel Service Inc., Elliott Wave Technical Analysis 25 January 2023

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.

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.

About the Author
Related
US Stocks Technical Analysis Elliott Wave Forecast overview: Stocks softer in the last session which...
Read More >
US Stocks: ADBE, IBKR, NIO, OKTA, SNAP, Elliott Wave Analysis shows you how these 5 key innovation s...
Read More >
Elliott Wave charts by Alessio Barretta 4 Hour - We have a clear five wave sequence into wave (iii),...
Read More >
Elliott Wave charts by Alessio Barretta 4 Hour - Looking for another leg down into wave {v} of C as ...
Read More >
Elliott Wave charts by Alessio Barretta 4 Hour - Looking for further downside into wave {c} as we co...
Read More >
PINS: Moving nicely as predicted, we could be near a significant low soon. PDD:Exactly what I was re...
Read More >
You need to login in order to comment