Hello guys! It’s been a good run for the stocks of Union Pacific Corporation or UNP in the New York Stock Exchange since I mentioned that it had broken out from the ascending triangle formation last September 6 (could be a rectangle as well and kindly check this to see that post). I also posted the analysis of this stock pick of mine here in LaidTrades.com when it was still forming the bullish area pattern and could breakout soon (kindly check this). Anyway, the stocks’ ascent was most likely propelled by the 2010 3rd quarter net income of [Read more...]