
I entered UNP on the short side yesterday at the close. I will add to it at the 50 day. My position size is small as general market conditions require at the moment. This also allows me to add to it if UNP nears its recent 52 week high and MACD is still crossed over down. This type of pattern in UNP occurs all the time or it did from 2006-2008. Until it quits working I will continue to trade it. My first target is the 200 day m.a. and then $55.50 area.
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