|
UNITED PARCEL SERVIVCE
(UPS-NYSE):
Technical Viewpoint: From a low
of $54.56 on Oct 13, 2000 prices
rallied, reaching a
high of $62.19
on Oct 20, 2000. A
decline saw prices pull back, reaching a
low of
$57 3/4 on Nov 13, 2000.
Another rally saw prices penetrate
resistance, closing 12/6/00
at $62.31. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Oct 19, 2000 when the Histogram crossed the "0" line to the upside.
Support: Remains at $58.00. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Nov 20, 2000. A P&F upside
reversal takes place at $61 1/2. Summary: Technical indicators have turned bullish. BUY! UNITED PARCEL SERVIVCE
(UPS-NYSE) @ $63 1/8 Stop: Use a protective stop of $60 3/8.
UNITED PARCEL SERVIVCE is currently trading @ $62.31 plus $1.31 on Dec 6, 2000. Price Objective:
$81 1/2. Risk/Reward: $2 3/4 VS. $18 3/8. Today's Risk Reward Ratio: 7:1
|
Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$81 1/2
Risk/Reward:
$2 3/4 VS. $18 3/8
Risk/Reward Ratio:
7:1
|
