UPS – Squeeze Breakout

By | April 23, 2014

Shares of United Parcel Service (UPS) have been squeezed within a narrow Bollinger band range for nearly two months, and today look like they are breaking out to the upside. The price momentum indicators and on balance volume are moving above their signal lines, but the stock will need to close in upper candle range with better overall volume to confirm the breakout.
I have no position in UPS
23. rvt ups chart

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