TA for Union Pacific

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  • #41493


    Hi Wen Ren, can you assist on TA for Union Pacific? Thanks


    Research Department

    Hi KH, 

    Union pacific corp is having a symmetrical triangle that can be doubled up as a pennant. I have also mentioned in my review on Monday webinar, you may re-watch it if you wanna clarify a certain thing. But the update here is that Union Pacific remains weak despite a move up in price but it remain beaten down yesterday. Hence I belive the nearest support indicated in the chart is poised to be a better rebound level. Hope that clarifies your doubt. 

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