UNP: Potential BuyPrice took a hit after positive earnings report but seems to be heavily rejecting the ascending trend line. Areas marked to look out for. Target around $250.
Unionpacificcorp
Union Pacific dips continue to attract buyers.Union Pacific Corporation - 30d expiry - We look to Buy at 204.44 (stop at 194.90)
Prices have reacted from 183.70.
Levels below 205 continue to attract buyers.
This stock has seen good sales growth.
The primary trend remains bullish.
A break of 221.71 is needed to confirm follow through bullish momentum.
Our profit targets will be 227.88 and 232.88
Resistance: 216 / 222 / 230
Support: 210 / 205 / 203
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
UNP:Head and shoulders?!Union Pacific Corporation
Short Ter m - We look to Buy at 205.26 (stop at 192.50)
A bullish reverse Head and Shoulders is forming. Previous resistance at 205.00 now becomes support. Support could prove difficult to breakdown. Preferred trade is to buy on dips. Further upside is expected.
Our profit targets will be 241.01 and 260.00
Resistance: 240.00 / 280.00 / 300.00
Support: 205.00 / 180.00 / 160.00
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Union Pacific Corporation downside to come Simple analysis...
INV C&H where the price is under 200MA (major test)
RSI <50 and making lower highs - Bearish
Target $139.82
Bullish on Union Pacific Corporation. UNPSomething really cool is happening at UNP. And by that, we surmise some more action to the topside on this one. Momentum growth, pivots and fibtime levels are backing up this standpoint also. Having said that nothing comes ahead of the actual, correct, accurate wave count. And that is a skillset that only comes with experience.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!
