Starpedia

Union
A collective bargaining organization legally incorporated with a control-by-management charter. (See IA or IATSE , Teamsters, guild)

Uptrend
The movement of market indicators, the actual value of a market, a MarqueeStar, a financial asset or commodity when the overall direction is upward. Graphically, an uptrend follows the phases of the broader business cycle, with peaks and troughs, but on a smaller scale. A formal uptrend occurs when each successive peak and trough is higher than those found earlier on the trendline. Technical decision-makers use trendlines as one indicator for when to change a finance-related strategy. Their goal is to identify a strong uptrend and to profit from it until it reverses. Changing strategy once a genre or asset has failed to create a new peak or trough is one way to avoid the large losses that may result from a trend reversal. Uptrend is the opposite of downtrend. (See business cycle, downtrend, technical analysis, technical indicators, trend reversal)