UPS may rise to 139.60 - 142.00

Our pivot point stands at 127.3.

Our preference

The upside prevails as long as 127.3 is support.

Alternative scenario

The downside breakout of 127.3 would call for 123.4 and 121.

Comment

The RSI is above its neutrality area at 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 130.788 and 128.8972).

Supports and resistances

144.4 **

142 *

139.6 **

137.2

131.25 (USD-last)

128.9

127.3 **

123.4 *

121 **

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