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In this area there is the option of a new wolf's mouth to approach the 13th retracement of the black swan. The middle line of the trend channel would be a relevant resistance.

The main reasons for this are a weaker demand for delivery services and ongoing inflation, which has increased operating costs. Additionally, the labor dispute with the Teamsters union forced the company to agree to higher wages, further squeezing profit margins. The latest quarterly report also showed a decline in revenue and profit, which has weakened investor confidence. Analysts at JPMorgan recently lowered their earnings forecasts for UPS, further contributing to the downward trend