On this chart for UNP I have used the 'Three dives pattern" to demonstrate the price movement of price
The three significant down points are at the Three hammers, which all act as tops (current top is underway)
The 200MA has provided a nice support on this Weekly timeframe
The three significant down points are at the Three hammers, which all act as tops (current top is underway)
The 200MA has provided a nice support on this Weekly timeframe