UPS may rise to 156.10 - 159.10

Our pivot point stands at 141.5.

Our preference

Short term rebound towards 156.1.

Alternative scenario

Below 141.5, expect 136.8 and 133.9.

Comment

The RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the stock is trading under both its 20 and 50 day moving average (respectively at 147.6275 and 148.83).

Supports and resistances

161.9 **

159.1 *

156.1 **

153.3

145.42 (USD-last)

143.2

141.5 **

136.8 *

133.9 **

Number of asterisks represents the strength of support and resistance levels.