16.05.2016 - We forecast a drop in prices of United Parcel Service
The price of United Parcel Service after completion of growth inside the rising channel, has fixed beyond its borders and below the local minimum at 103.70. This fact was the confirmation of the signal for opening short positions with potential targets at 97.00 and 94.00. Stop in this case should be set above 104.00. We forecast a decline in the near future, but do not rule out the resumption of growth to the level of 107.00.