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Berger: UPS delivering rally on time

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Serge Berger has seen upside momentum in the market driven by a rally in transportation stocks and he sees an opportunity with UPS within the broader move.

The wider sector had been looking weak and a rally in market requires financial and transportation sectors to perform. UPS had been at a technical junction around the 12 month support line, the stock then rallied with strong bullish reversal.

Serge Berger is planning to buy at USD 97.50.  
Stop: USD 95.50
Target: USD 102.00