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MarketBeat

Thomas Hughes

UPS Just Gave Investors a Second Chance to Buy

The market read UPS's Q2 earnings release as a reason to sell UPS (NYSE: UPS) stock. In reality, it looked more like a reason to buy.

In this context, the approximately 5% pullback in the stock price is an entry point, coinciding with technical signals. After two years of recovering from the loss of its Amazon (NASDAQ: AMZN) contract, the impact on business, turnaround efforts, and a market reset, UPS stock has bottomed, and its market is in a reversal.

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The Guardian - US

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One subscription that gives you access to news from hundreds of sites

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Knicks champion Karl-Anthony Towns opens up about grief for World Mental Health Day

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