UPS at a Make-or-Break Zone – Will Buyers Step In?
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Hi you all,
United Parcel Service (UPS) has recently entered a potential buying zone. In its latest earnings report, the company announced a reduction in business with Amazon by more than 50% by the second half of 2026, aiming to focus on more profitable ventures. Despite a slight revenue miss, UPS beat profit expectations for the fourth quarter.
From a technical perspective, several factors suggest a potential buying opportunity, so do your homework. If fundamentals will align then you should be ready...
- Trendline: The stock is approaching a long-term trendline, third touch.
- 50% Retracement: UPS has retraced approximately 50% from its all-time high.
- Previous Yearly Highs as Support: Former resistance levels from previous years are now acting as support, indicating potential liquidity.
- Psychological Support at $100: The round number of $100 serves as a psychological barrier, potentially providing additional support.
Do your homework because this is just half of the story: technical analysis. From my side, this is inside a potential area, but do fundamentals support it?
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As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.