UPS painted a negative picture today

Discussion in 'Trading' started by Innervoice, Apr 25, 2023.

  1. Innervoice

    Innervoice

    Be careful with longs today, particularly consumer discretionary and tech. UPS just said they saw a shift in consumer demand..
    As always just be careful trading today.
     
  2. maxinger

    maxinger

    Look at the chart.
    It is very ugly / messy.
    Price is moving all over the place ~155 to ~230.
    If you try to long it, you'd get stopped.
    If you try to short it, you'd get stopped.

    I'd look for better-looking, curvy charts.
     
  3. easymon1

    easymon1