Four Breakout Charts With Strong Upside Potential

By | May 21, 2018

Here are four charts of interest for this week. They all have positive upside momentum and money flow, along with well-defined levels of resistance. Breakouts from their respective patterns project significantly higher upside price targets.

A cup and handle on the Accenture (ACN) chart with large gap resistance just overhead.

Air Products and Chemicals (APD) formed a large wedge or symmetrical triangle pattern on its chart, and the downtrend line is being tested.

The $20.30 level testing important resistance on the Western Union (WU) chart.

Union Pacific (UNP) makes big-time breakout to new all-time highs; looks like more room to run.

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