UPS may rise to 155.50 - 158.70

Our pivot point stands at 139.7.

Our preference

The upside prevails as long as 139.7 is support.

Alternative scenario

Below 139.7, expect 134.5 and 131.3.

Comment

The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the stock is trading above both its 20 and 50 day moving average (respectively at 139.329 and 140.041).

Supports and resistances

161.8 **

158.7 *

155.5 **

152.5

145.18 (USD-last)

141.7

139.7 **

134.5 *

131.3 **

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