SamSuka
The Long Investor
The Long Investor

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$UPS - LONG TERM PROJECTION -

I have been following $UPS for sometime in the back ground, as it drifts back down to the 0.618 fib again at $138, this will be the third test at this level and if it can hold, it is further confirmation that Wave 2 is complete.

Ultimately breaking out of this channel will signal the reversal but in the meantime their fundamentals continue to improve with a FWD PE of 15 and healthy margins.

As a long term play, I like this.

$UPS - LONG TERM PROJECTION -

Comments

Do you have updated UPS chart?

Shailesh Patel


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