Actionable news
All posts from Actionable news
Actionable news in UNP: UNION PACIFIC Corp,

Union Pacific Is Poised for a Breakout

Shares of Union Pacific ( UNP) are once again on the verge of an upside breakout. The stock has been consolidating in a bullish pennant for the last five weeks.

This healthy action appears to be headed for an upside resolution. A rally up to the $100 area could develop soon.

Union Pacific mounted a ferocious rally immediately after the Brexit selloff. The stock dipped down to a key support zone near the stock's 200-day moving average during the June 27 panic low. A little over a week later, Union...