UPS may rise to 145.80 - 148.90

Our pivot point is at 131.1.

Our preference

Short term rebound towards 145.8.

Alternative scenario

The downside breakout of 131.1 would call for 126 and 122.9.

Comment

The RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the share stands below its 20 and 50 day moving average (respectively at 136.4245 and 141.4654).

Supports and resistances

152 **

148.9 *

145.8 **

142.6

135.55 (USD-last)

133.2

131.1 **

126 *

122.9 **

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