andrew.allen1984

Price Appreciation is on the Horizon for UNP

Long
NYSE:UNP   Union Pacific Corporation
1
Bollinger bands show modest movement between lower and middle bands. ADX is currently at 11.6338 which indicates to me that investors could be on the verge of a potential price appreciaton. The Average Direction has bottomed out and it seems to me that it only seems logical that a new price trend is in the near future. CCI has also been hoovering at their lowest amounts, another indicator supporting we could be in store for an upward trend for UNP. Macroeconomic news about exports could be the deciding factor in where this stock wants to go due to UNP's diverse product mix they transport.

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