United Postal Service | UPS | Long at $92.00

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The United Postal Service UPS finally closed out the last remaining price gap on the daily chart (since 2020) and entered my "crash" simple moving average zone. With a P/E of 15x, earnings forecast growth of 8.12% per year, and a dividend over 6%, UPS "may" be a good buy and hold through these tumultuous economic/trade war times. I wouldn't place a continued price drop near $75-$85 out of the question, but I'm not in the game of calling bottoms.

At $92.00, UPS is in a personal buy zone. Word of caution: if this stock really tanks due to trade issues and massive recession, $50s...

Targets:
  1. $108.00
  2. $120.00
  3. $133.00

Penafian

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