UPS looks like it wants to break higher and by doing so leaving significant resistance benind it at the 70/71 level. Below I pasted a daily chart showing this pattern, but if you pull up a chart of UPS yourself, make it a weekly chart and look back three to four years, you'll see the same pattern.
Yes 70/71 is major resistance, but the fact that this bullish pattern is setting up on both daily and weekly charts is makng it more interesting to me. I am looking to initiate a first position should the stock put in a strong close today even though the volume has not been good the past few weeks.
Fedex (FDX) by the way also looks good, but given the bullish looking pattern
