UPS may rise to 157.30 - 160.60

Our pivot point stands at 139.9.

Our preference

The upside prevails as long as 139.9 is support.

Alternative scenario

Below 139.9, expect 134.5 and 131.4.

Comment

The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the stock is above its 20 and 50 day moving average (respectively at 137.38 and 140.1502). Finally, UPS is trading above its upper Bollinger band (standing at 144.28).

Supports and resistances

163.8 **

160.6 *

157.3 **

154.1

147.33 (USD-last)

141.9

139.9 **

134.5 *

131.4 **

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