UPS at a Make-or-Break Zone – Will Buyers Step In?

532
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?


Good luck,
Vaido

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.