UPS may rise to 145.70 - 151.30

Our pivot point is at 120.7.

Our preference

Short term rebound towards 145.7.

Alternative scenario

Below 120.7, expect 111.8 and 106.3.

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 129.066 and 134.3166).

Supports and resistances

156.7 **

151.3 *

145.7 **

140.3

128.55 (USD-last)

124.3

120.7 **

111.8 *

106.3 **

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