UPS Post Earnings Pullback

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United Parcel Service, Inc. (NYSE:UPS)

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NYSE:UPS United Parcel Service, Inc.

trendanalysis post-earnings 50retracement spike-trading ups stocks

UPS Triggered a spike alert this morning which is happening at the 50% Retracement of the Post Earnings Rally. (see below for Daily higher timeframe context)

These are the real "earnings plays" that can yield positive returns rather than trying to buy a guess on the day before. Trying to buy or sell the day before earnings is a guess but very often earnings cycles create these setups weeks after a move has occurred with a much higher probability than a 50/50 bet.

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