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