United Parcel may be entering into a phase of correction as the signs are aligned for the bears.
First up, the long legged doji at the supply zone is a sign. Sellers may be kicking in in large numbers tonight.
Rising Wedge formation.
Potential overbought crossing
The buying gap is still hollow, perhaps price may stage a strong rebound there.
First up, the long legged doji at the supply zone is a sign. Sellers may be kicking in in large numbers tonight.
Rising Wedge formation.
Potential overbought crossing
The buying gap is still hollow, perhaps price may stage a strong rebound there.
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