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.
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