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RizeSenpai
1. Febr. 2022 01:36

Dark Cloud Cover Visible On The Monthly: $UPS Short

United Parcel Service, Inc.NYSE

Beschreibung

UPS has a Textbook: Dark Cloud Cover; Visible on the Monthly Timeframe after a Failed Bullish Breakout.
The MACD has been Extended to the Positive side for a long while and now soon looks to rollover to the Negative side and Cross Bearishly. The RSI has also been looking suspiciously exhausted at these levels.

If I'm to place a trade on this I would buy quarterly puts and bet on UPS at least testing the previous resistance of 170 as new support but at worst i can expect it to decline hard all the way to fill the open gap still Visible on the Monthly at $108.31
Kommentare
bitcorns-trader
Looking good, another good setup!!
RizeSenpai
@bitcorns-trader, Thanks glad you think so :p
DarioRuff
Got my puts on Friday and I’m already up 100$
RizeSenpai
@DarioRuff, Good stuff i hope ur up by alot more by now it's going in our direction.
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