ethostrader

Union Pacific - Confirmation of Support Loss

Kort
BATS:UNP   Union Pacific Corporation
The approach and alignment of Fiboclouds below the support line should be interpreted, in the current chart context, as a strong indication of an increased probability of value loss.

If this projection is confirmed and a partial realization occurs at the first target, the stop loss should be moved from its initial position to the same line where the position was opened.

This way, the journey towards the final target will proceed with reduced risk of losses and the preservation of the partial gains achieved so far.

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