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United Parcel Service Inc. Elliott Wave Technical Analysis 04 May 2023

Alessio Barretta |04 May, 2023 | 0 Comments | Return|

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United Parcel Service Inc. Elliott Wave Technical Analysis 04 May 2023

4Hour

United Parcel Service Inc., UPS: 4-hour Chart, May 4 2023,
United Parcel Service Inc., Elliott Wave Technical Analysis
UPS Stock Market Analysis: Looking for another leg higher into wave c of (ii) to have an ideal three wave move into wave (ii) to then look for shorts.
UPS Elliott Wave count:  Wave b of  (ii).
UPS Technical Indicators: Below all averages.
UPS Trading Strategy: Looking another leg higher into wave (ii) before considering shorts.


Daily

United Parcel Service Inc., Elliott Wave Technical Analysis
United Parcel Service Inc., (UPS:NYSE): Daily Chart, May 4 2023,
UPS Stock Market Analysis: Looking for further downside after what appears to be a three wvae move to the upside into wave {v}. Looking for the completion of wave (ii) to then start looking for shorts.
UPS Elliott Wave Count: Wave (ii) of {c}.
UPS Technical Indicators: Below all averages.

UPS Trading Strategy: Looking another leg higher into wave (ii) before considering shorts.

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