UPS - Preparatory analysis for future swing trade
Here's what I'm looking to see on UPS in the coming weeks. Need to see further buy-side tapering because as of now, it seems as though red and green are in control there while on the sell side we're seeing orange and white holding.
Look for a potential bounce here as this is a strong level of support - but that is not enough for me to go long here. The algos don't lie!
Happy Trading :)
Look for a potential bounce here as this is a strong level of support - but that is not enough for me to go long here. The algos don't lie!
Happy Trading :)
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