Price 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 $250.
I am testing an algo that i am developing for finding price targets over time.
Union Pacific Corporation - 30d expiry - We look to Buy at 204.44 (stop at 194.90) Prices have reacted from 183.70. Levels below 205 continue to attract buyers. This stock has seen good sales growth. The primary trend remains bullish. A break of 221.71 is needed to confirm follow through bullish momentum. Our profit targets will be 227.88 and 232.88...
On this chart for UNP I have used the 'Three dives pattern" to demonstrate the price movement of price The three significant down points are at the Three hammers, which all act as tops (current top is underway) The 200MA has provided a nice support on this Weekly timeframe
Something really cool is happening at UNP. And by that, we surmise some more action to the topside on this one. Momentum growth, pivots and fibtime levels are backing up this standpoint also. Having said that nothing comes ahead of the actual, correct, accurate wave count. And that is a skillset that only comes with experience. We are not in the business of...
UNP breakout from 5 month base on strong earnings Very strong uptrend Claimed 200 DMA as well on this move Volume on higher side
Entry price: 196,5-198$ Target 1: 212-215$ Target 2: 228-230$ RSI: approaches 20 level, the asset is oversold Keltner channel: the price is beyond the lower band Conclusions: RSI and Keltner Channel suggest that the trend reversal might occur. Moreover, the price approaches the strong resistance level, thus the long position is recommended in that zone. No...
Based on historical movement, the trough could occur anywhere in the larger red box. The final targets are in the green boxes. The pending top should occur within the larger green box as has been the historical case. Half of all movement has ended in the smaller green box. In this instance, the signal indicated BUY on September 17, 2021 with a closing price of...
Yesterday was a warning in my opinion. Today is positioning ahead of further selling pressures. DIA is topping out of the ascending triangle; position accordingly. (Opinion only)
Opinion only $UNP
IYT Transport Golden cross on Aug 21, looking for continuation. You can see the accumulation candles in the chart. The top 4 holdings are FDX, UNP, NSC and KSU, which make up over 40% of ETF. Using seasonality charts, IYT in sept is up 2.5% the past 4 years.
I really like this chart. Makes me think we are nearing the end of this market cycle. I would consider going short if price broke that red line. ***NOT FINANCIAL ADVICE.
UNP Put spread Cost was 2.1 Oct 18 exp 165/160 spread, Exit price is 3.48 and max loss is $150
UNP PUT SPREAD 165/150 September 20th expiry Price was $4.35 kind of expensive, market is down trending due to tariffs and weak rate cut also china escalation with yuan devalue + agricultural stoppage on imports from USA. May continue until Powell speaks up about another cut, as far as it goes this sounds like a good play. Light risk, Medium Reward, Pricey...
NYSE:UNP UNP pennant formation setting up. Other stock in the sector have broke out already so this may also add strength to the sector.
UNP got downgraded today, Took a beating while market is running,in addition to that, if FDX beats the earning tomorrow. UNP can run with them too due to sector gains. So we'll take a small position on unp with a tight stoploss. Bounce play on unp Entry at $162, stoploss $161 profit taking at 163.9
UNP nice earnings winner looks great here to start position. Entry : 164.50 Target : 200+ First target, 225 Second, 250 Third target. Stop loss : 125 ishh or wider stop 120. I am long this stock for long term, till February 2019 and I will re-evaluate this position after FEB 2019. I am looking to hold at-least half of the next year as well so please position...