UPS - Moves into gap

This is the second attempt for UPS to move into the 4/25/23 FGD and while volume is weak it is showing price strength and now a higher high.

Nice RR here of about $2.50:$10.

تعليق:

UPS looks to be backtesting resistance breakout here and this could be the best opp to get; potentially lower if we can get a dip down to the 9. UPS has held that 9 well since the Jun 26 SL; no reason to think that'll change.

Have a price target of $196.

تعليق:

Missed a good entry in this one after the bullish engulfing off Monday's C. And got FT yesterday. 19 days to earnings so plenty of time to trade with some ease. I'd look for an intraday pullback today to get in with a stop around $182.50

تم إغلاق الصفقة يدويًا:

Choppy ass stock. I had taken some $190's at some point and watched them just kind of meander. I got out for a jog on Wed come back to see UPS spiked and reversed. Mental note: next time set a price target or trailing stop or something. Sheesh.

Not interested in this anymore; partly cause I'm butt-hurt. Partly cause it's just too volatile. The rebound to close the week is nice. Maybe I'll reconsider > $197