UPS : TRADE IDEA 1

21시간 전

UPS

Price Action

• UPS dropped sharply with a big gap down, followed by heavy selling.
  

• Price is now consolidating near $82–$84, forming a possible falling wedge (bullish) or descending triangle (bearish).
  

Support & Resistance

• Key support: $82
  

• Resistance: $88–$90 (prior consolidation zone)
  

RSI (Relative Strength Index)

• RSI (14) shows bullish divergence: higher lows while price made lower lows
  

• Suggests potential upside momentum or a short-term bounce
  

MACD (Moving Average Convergence Divergence)

• Histogram flattening and trending upward
  

• Signal lines converging, hinting at a possible bullish crossover
  

Overall Setup

• UPS is at a potential reversal zone after an oversold move!
  

• Holding above $82 could trigger a bounce toward $88–$90!
  

• A breakdown below $82 with volume may open downside to $78!
  

21시간 전

노트

UPS $90 CALL 12/19 @2.90