Contrarian View - What Can Brown Do for Your Portfolio? - Schaeffers Research
Technically, the fourth-quarter results from UPS seem to have benefited the shares. The equity is bouncing back from its recent slump, and the stock's 10-day and 20-day moving averages have been pulled into a bullish cross. Plus, UPS is poised to close the week atop its 10-week and 20-week trendlines for the first time since last October, which could be a positive development for the shares.
Technically, the fourth-quarter results from UPS seem to have benefited the shares. The equity is bouncing back from its recent slump, and the stock's 10-day and 20-day moving averages have been pulled into a bullish cross. Plus, UPS is poised to close the week atop its 10-week and 20-week trendlines for the first time since last October, which could be a positive development for the shares.