Issued: 03/31/2015
Union Pacific Corp., UNP:
1. The next important weekly market bottom in Union Pacific is this week, the week of Mar. 30 (+/-1 week). Continued weekly closes above $106.40 will further confirm the possibility for a tradable multiweek advance and test/attempt at $115.50/$16 (or higher).
2. No new entry in Union Pacific is indicated at this point. However the above is the main indication until it is invalidated by a weekly close below $106.40. Will update as the market continues to confirm as noted above.
David Williams
Issued: 05/25/2015
Union Pacific Corp, UNP:
1. During the week of May 11 our Williams edge stock meeting it was noted that Union Pacific continued to lean on the critical $106.40 level which prompted our long entry exit, resulting in a small loss on the entire position. Will message any further entry or indication in Union Pacific.
David Williams
Issued: 04/21/2015
Union Pacific Corp.
1. Since early April 2015 we have noted in the Williams edge live meetings (and in our previous report) that continued weekly closes above $106.40 in Union Pacific Corp. would indicate new long entry for further advance.
2. Last week (week of April 13) Union Pacific again tested and closed above $106.40 indicating new long entry. If not already long, new long entry remains indicated at current prices (current price $109.20).
3. If long based upon last week’s close above $106.40 initial long position exit should be taken at current prices (current price $109.20). The possibility remains for higher prices remain likely. Further long position exit will be messaged as the market continues to confirm.
David Williams
Issued: 04/06/2015
Union Pacific Corp., UNP:
1. Our previous report noted that the next important weekly market bottom in Union Pacific is this week, the week of Mar. 30 (+/-1 week). Continued weekly closes above $106.40 would confirm the possibility for a tradable multiweek advance and test/attempt at $115.50/$16 (or higher).
2. However, Union Pacific Corp. continues to test the $106.40 level. At this point, any daily close below $106.00 must be considered the weaker indication and would place the market into a ‘Sell’ position for further decline and test/attempt at $103.50/$30 (or lower) into the week of April 13. Will message protective buy stop etc. if the market confirms as noted.
David Williams
Issued: 04/22/2015
Union Pacific Corp, UNP:
1. In yesterday’s (Tues., April 21) Union Pacific report it was noted that for those not already long from previous weekly closes above $106.40, new long entry was indicated at then current prices (current price $109.20).
2. For those who entered yesterday at $109.20, partial long position exit should be taken at current prices (current price, $110.73). Higher prices remain possible. Will update as the market continues to confirm.
David Williams