Stock of the Day: UPS Has A Good Memory
Stock of the Day: UPS Has A Good Memory
Successful traders know how to recognize which price levels in a certain market are important. These are called support and resistance levels. When a stock reaches one of them there is a good chance it reverses. Traders can profit from these reversals.
成功的交易员知道如何识别某个市场中哪些价格水平是重要的。这些被称为支撑位和压力位。当股价触及其中一个位置时，它反转的机会很大。交易员可以从这些反转中获利。
Successful traders also understand the concept of market memory. This refers to how a price level can be important for a long time. It could be weeks, months, or even years.
成功的交易员还理解市场记忆的概念。这指的是价格水平可能长期重要。它可能是几周、几个月，甚至几年。
United Parcel Service, Inc. (NYSE:UPS) has a good memory. That's why our technical analysis experts have made it our Stock of the Day.
联合包裹服务公司（NYSE:UPS）有一个很好的市场记忆。这就是为什么我们的技术面分析专家将其评为我们每日股票推荐的原因。
As you can see on the chart, the $156.00 level was first support in September 2020. Then it was support in March 2021. It was also support once again in October 2022. Market memory kept this support intact for more than two years.
正如你在图表上看到的那样，156.00美元的水平在2020年9月首次成为支撑位。然后在2021年3月和2022年10月再次成为支撑位。市场记忆使得这种支撑位保持了两年以上。
An important dynamic of technical analysis is understanding how a price level that had once been resistance can convert into a support level. This can also be seen on the chart. $176.50 was resistance for UPS in October 2020 and April 2021. Then it became a support level in October 2021.
技术面分析中一个重要的动态是了解曾经是压力位的价格水平如何转化为支撑位。这也可以在图表上看到。176.50美元在2020年10月和2021年4月是UPS的压力位。然后在2021年10月，它成为支撑位。
Also Read: UPS Q2 Earnings: Revenue And EPS Miss, Annual Outlook Cut, Restarts Stock Buyback
阅读更多：联合包裹服务公司二季度财报：营收和每股收益不及预期，年度前景下调，重启股票回购
Resistance can convert into support when remorseful sellers try to buy their shares back. Some traders and investors who sold around $176.50 were happy when the price headed lower soon after. But when the stock reversed and moved to higher prices, many of them regretted their decision to sell.
当后悔的卖家试图回购他们的股票时，压力位可以转化为支撑位。一些在176.50美元左右卖出的交易员和投资者在价格很快下跌后感到高兴。但当股票反转并上涨时，他们中的许多人后悔自己的卖出决策。
Some of these remorseful sellers decide that if they can buy their shares back at the same prices sold, they will do so. So, UPS dropped back to $176.50 in October 2021, they placed buy orders and this large concentration of orders resulted in support forming at the price that had been resistance.
其中一些后悔的卖家决定，如果可以以卖出价格回购股票，他们将这样做。因此，当UPS在2021年10月回到176.50美元时，他们发布了买单，这些订单的大量集中导致了支撑形成在曾经是压力位的价格上。
A similar thing may be about to happen now.
现在可能会发生类似的事情。
After a weak earnings report, the shares dropped to around $124.00. This level was resistance in August 2018, November 2019 and August 2020.
在弱势盈利报告后，股票跌至约124.00美元。这个价格水平在2018年8月、2019年11月和2020年8月都是压力位。
If UPS has a really good market memory, it will find support around $124.00. This may be a good time to buy it.
如果UPS有一个非常好的市场记忆，它将在124.00美元左右找到支撑位。这可能是一个买入的好时机。
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Photo: Shutterstock
Photo: shutterstock