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Actionable news in UPS: UNITED PARCEL SERVICE Inc CLASS B,

Here's Why UPS Is a Buy on Weakness

Shares of United Parcel Service ( UPS) are trading at new 2016 highs today. The stock is up just over 0.50% as it extends the gain off the Brexit low to just over 7%.

This impressive move is beginning to put some distance a potentially major support zone. With this solid foundation developing underneath, UPS is set up well for a continued up trend.

Back in late March, UPS began to show signs of upside exhaustion after surging over 20% off the January lows. This huge bull run lifted the stock back up to heavy resistance near the October 2015 peak. After a very shallow...


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