The Quant Bots wont let this Long Rally survive!!Union Pacific is investing in infrastructure and cutting 20% of its Tech department.
More Transportation employees To beguin in February!!
Dont buy into it!!
UPAC34 trade ideas
this is a good buying area if you are bullish on this stockbuy this dip and you will be rich like me in my lamborghini
Union Pacific #UNP longs at weekly demand imbalanceWeekly demand level around 120 Longs at this weekly demand imbalance in a clear monthly and weekly uptrend. Brand new demand zones being created in a clear bullish trend.
Another 2x risk to reward trade TFa higher high was shown, and the risk to rewards looks good.
so taking this trade.
longI like Union Pacific and this is why:
There is a very strong support line.
The stock bounced at it today and the candle was a doji so that shows indecision and indecision after 3 down days move like that then this is sign of a reversal.
There is also the EMA 10 who acted as a support so that brings more strength for a possible reversal on the upside.
What i like also is that the stock did a big move on earnings and the stock went up for multiple days so the stock cant go higher forever so it took a pause and then i think we will see a continuation from the prior uptrend.
UNP Short Term Trend ContinuationUNP is closing in on a retracement back into a short term structure level. Looking to get long. Tight stops here so trade with caution.
Entry: 105.50
Stop: 104.75
TP: between 108.50 and 109
Time for a Continuation?UNP broke it's upper trendline back in December. After several failed attempts to break back into it's channel, it saw bullish movement. We are now back down to this ascending trendline and price action is finding indecision. Also, we have retraced to .786. I'm eyeing a move back around 110. If price moves down to 102.50, I'll look to exit.
UNP LongHello guys, there is a nice bullish harami pattern as we can see in the chart and the stock stops perfectly at support so i expect a reversal tomorow on the upside.
So what happen is that the stock gaps up from the earnings and continue to move higher after that so the buyers are making money from the prior gap. Next, we see a retracement from that gap so people sell their profits and here we are after a three down days the stock gap up this morning and finished with a small body which the first red candle engulfs the candle of today and a harami pattern is form. This shows that people on the downside are loosing strenght and some of them start to get out so we are in a great position for a reversal and im going to buy if the stock go to 108.21. The MA10 is also a great support for the stock so i am expecting a bounce tomorow.
UNP SHORTHey there!
Generally speaking, I'm testing my new trading system.
IMHO, it is a great experience to write down all your trades, as it is much easier to analyze them later.
Thus, I'm publishing my ideas here. It will be also great if some of my trades will help all of us to get some profits)
I'm also attaching my risk calculations.
Normally, my risk per trade is 3.5% per trade.
It is much easier for me to trade when I understand what is my risk per position.
P.S. Target area is changing depending on entries (as you could notice I use multiple entries). I'm going to update all the data inculding targets as long as the trade remains opened.
Cheerz!
UNP at Resistance pre-earningsUNP hit a resistance off the Weekly + Monthly levels today with earnings coming up in exactly one week. Volatility is above average which makes buying vertical spreads attractive. I'm taking the August 90/87.5 Put spreads which were selling for 0.32. Max profit on these is 2.50 which would happen in a massive move. Getting them cheap will let me go profitable with a 5% earnings move with a 3:1 reward/risk if the options expire in August at or below 88.70.
UNP SHORTHave been watching this stock progress through a strong bear trend. Ideally before entry I'd like to see clear direction on the indexes.
Price is trending strongly on Weekly and Daily time frames. Taking a look at weekly we can see price is resting the monthly .500 Fib, around 70.00. This is a strong level for price, and if we can break and close below the lows we made in 2016, I will be looking to enter short.
First target I'll be looking at is .618 monthly Fib level, and a break below that level I'll be looking for price to head towards $38-35.
UNP Long positionUNP has broke the ABC pattern I'm waitin for a pullback to enter Long position target TP is between 120 & 124, SL=76
Risk reward ratio is good, This is my first Idea and I make it only for my record
Note: do not take it as investing Idea, I'm only trying to applicate what I learned.
UNP breaks out after deep pullbackUNP has been a profitable trending stock but, as with many other positions, the October pullback was too deep to justify remaining in the trade.
On the weekly chart the trend has remained pretty much intact since January 2012, even with the recent pullback. Price did not breach the 50ma, and only spiked below the 100 figure.
But on the daily chart the pullbacks have become progressively deeper. However it is conceivable that UNP will return to its former linear trend. Yesterday's breakout bar confirmed a small doji-based flag on slightly higher volume. If it weren't for NFP today a buy opportunity could've been a possibility.
But for now I will wait for Monday (to avoid possible near term volatility due to NFP) and reassess then.
Bull flag or top?..Breakdown on UNP could be a good "tell".The chart pattern in UNP could be a bull flag , projecting much higher, or an important breakdown. Already, the moving averages have crossed down, and an ATR sell stop signal is close to triggering. Rails are just as important in this rally, as they were in 1929.
