UNP – Knocking on the door of all-time highsUnion Pacific has quietly built one of the strongest long-term uptrends in the market. After reclaiming the rising 200 EMA earlier this year, the stock has been riding the 20 EMA higher with a series of shallow, healthy pullbacks. Lots of unusual options flow in this name as well. Trump mentioned railroad projects a while back. Definitely some congressional buys.
What stands out:
* 📈 Strong EMA alignment (8 > 20 > 50 > 200)
* ✅ Rising 200 EMA confirms the primary trend
* 🔄 Every test of the 20 EMA has attracted buyers
* 🎯 Price is now challenging the $276-278 resistance zone near all-time highs
A decisive breakout above this level could open the door to a fresh leg higher. If resistance holds, I’d be looking for another controlled pullback into the rising 20 EMA rather than chasing strength.
This is exactly the type of chart I like to see: higher highs, higher lows, and institutions defending trend support instead of allowing deep retracements.
TraderSWRLS
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TraderSWRLS
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.