Trading United Parcel Service $UPS With Integrated Risk Controls

April 25, 2023, 08:59 am ET, BY Thomas H. Kee Jr- Editor, Stock Traders Daily| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Price matters most to #makingmoney in the #stockmarket. Celebrating 20 years, Stock Traders Daily provides the tools that help you develop investment strategies, and this is a good example. When we couple this with our market based analysis, the probabilities of going with the flow increases, and that is material over time. The United Parcel Service (NYSE: UPS) report below can help you, but we have more details too. The trading plans for UPS, and the other 1000+ stocks we follow, are updated in real time for subscribers, but this report is static. If you want an update, or a different report, please get one here Unlimited Real Time Reports.

Longer Term Trading Plans for UPS

• Buy UPS slightly over 173.68 target 190.61 stop loss @ 173.18 Details

The technical summary data tells us to buy UPS near 173.68 with an upside target of 190.61. This data also tells us to set a stop loss @ 173.18 to protect against excessive loss in case the stock begins to move against the trade. 173.68 is the first level of support below 186.36 , and by rule, any test of support is a buy signal. In this case, support 173.68 is being tested, a buy signal would exist.

• Short UPS slightly under 190.61, target 173.68, stop loss @ 191.16 Details

The technical summary data is suggesting a short of UPS as it gets near 190.61 with a downside target of 173.68. We should have a stop loss in place at 191.16though. 190.61 is the first level of resistance above 186.36, and by rule, any test of resistance is a short signal. In this case, if resistance 190.61 is being tested, a short signal would exist.

Swing Trading Plans for UPS

• Buy UPS slightly over 190.61, target 195.22, Stop Loss @ 190.06 Details

If 190.61 begins to break higher, the technical summary data tells us to buy UPS just slightly over 190.61, with an upside target of 195.22. The data also tells us to set a stop loss @ 190.06 in case the stock turns against the trade. 190.61 is the first level of resistance above 186.36, and by rule, any break above resistance is a buy signal. In this case, 190.61, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short UPS slightly near 190.61, target 173.68, Stop Loss @ 191.16. Details

The technical summary data is suggesting a short of UPS if it tests 190.61 with a downside target of 173.68. We should have a stop loss in place at 191.16 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 190.61, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for UPS

• Buy UPS slightly over 190.61, target 195.22, Stop Loss @ 190.17 Details

If 190.61 begins to break higher, the technical summary data tells us to buy UPS just slightly over 190.61, with an upside target of 195.22. The data also tells us to set a stop loss @ 190.17 in case the stock turns against the trade. 190.61 is the first level of resistance above 186.36, and by rule, any break above resistance is a buy signal. In this case, 190.61, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short UPS slightly near 190.61, target 173.68, Stop Loss @ 191.05. Details

The technical summary data is suggesting a short of UPS if it tests 190.61 with a downside target of 173.68. We should have a stop loss in place at 191.05 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 190.61, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

UPS Ratings for April 25:

Term →	Near	Mid	Long
Rating	Strong	Strong	Weak
P1	0	0	156.65
P2	195.21	195.22	173.68
P3	197.35	198.23	190.61

Support and Resistance Plot Chart for UPS

Real Time Updates for Repeat Institutional Readers:

Factset: Request User/Pass

Bloomberg, Reuters, Refinitiv, Zacks, or IB users: Access Here.