UPS may rise to 141.30 - 143.60

129.4 is our pivot point.

Our preference

As long as 129.4 is support look for 141.3.

Alternative scenario

The downside breakout of 129.4 would call for 125.4 and 123.1.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The stock could retrace in the short term. Moreover, the stock is above its 20 and 50 day moving average (respectively at 131.4065 and 129.1204).

Supports and resistances

146 **

143.6 *

141.3 **

138.9

132.84 (USD-last)

131

129.4 **

125.4 *

123.1 **

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