UPS may rise to 145.00 - 150.30

120.1 is our pivot point.

Our preference

Short term rebound towards 145.

Alternative scenario

The downside breakout of 120.1 would call for 111.5 and 106.2.

Comment

The RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the stock is trading above its 20 day moving average (127.4515) but under its 50 day moving average (133.2358).

Supports and resistances

155.5 **

150.3 *

145 **

139.7

127.97 (USD-last)

123.5

120.1 **

111.5 *

106.2 **

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