signs of life, page-15

Seems like it's found support at 0.71. Overall down day on the markets, UNX is trading on small volumes - not much doing. Trading along as usual.

Pete, the weekly charts look great on this - just need a few up days to hold it firm at support levels (above 71/72) before the announcement. Your charts suggest that this is definitely a value buy at these levels before possible re-rating and the likely volume surge.

The way I see it, sellers are showing hesitation in trading big parcels right now (hence the small volume), because of that feeling you get when you think you're going to sell and then the horse suddenly gallops off without you. That feeling is keeping everyone in the one spot till the next trading movement recaptures the market's attention.