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UNION PACIFIC CORP
(UNP-NYSE):
Technical Viewpoint: From a low
of $62.85 on Dec 18, 2009 prices
rallied, reaching a
high of $66.39
on Dec 24, 2009. A
decline saw prices pull back, reaching a
low of
$63.80 on Dec 31, 2009.
Another rally saw prices penetrate
resistance, closing 1/8/10
at $68.04. Technicals: MACD Index (MACD): A Buy Alert!
was given on Dec 28, 2009 when the solid line crossed the dotted line to the upside.
Support: Remains at $65.10. Resistance: Is at $69.75.
Point & Figure: Reversed to the upside on Jan 9, 2009. A P&F upside
reversal takes place at $65.00. Summary: Technical indicators have turned bullish. BUY! UNION PACIFIC CORP
(UNP-NYSE) @ $68.38 Stop: Use a protective stop of $65.88.
UNION PACIFIC CORP is currently trading @ $68.04 plus $2.23 on Jan 8, 2010. Price Objective:
$79.50. Risk/Reward: $2.50 VS. $11.12. Today's Risk Reward Ratio: 4:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$79.50
Risk/Reward:
$2.50 VS. $11.12
Risk/Reward Ratio:
4:1
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