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View Full Version : Long UNP



Pascal
06-07-2015, 09:07 AM
UNP is a broken stock, but it seems to have gained some stability and EV trends higher.

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The Pyramid data tells us that it is a weak stock (RS of 19 out of 100), with a high supply (> 30%).
But it is close to the Lower Boundary and LER is strong. This indicates that the stock has a good chance to bounce back up from here.

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The idea is to buy a Breakout on Volume above $103

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The buy area is very narrow.

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