Railroad giant Kansas City Southern ( KSU) has traveled higher on the charts the past three years and that uptrend is likely to continue into 2022. Let's check the charts and indicators. 
In this daily bar chart of KSU, below, we can see an uptrend into May followed by a sideways triangle pattern. We can see higher lows from July to September and lower highs from May to August. It looks like KSU is emerging or breaking out of this triangle pattern. Prices are above the rising 50-day moving average line and above the rising 200-day line. The decline in September approached the 200-day line and in hindsight may be considered a buying opportunity.
The On-Balance-Volume (OBV) line declined from May to September but it has been improving from its September low. A rising OBV line is a positive sign and tells us that buyers of KSU are being more aggressive.
The Moving Average Convergence Divergence (MACD) oscillator crossed above the zero line earlier this month for an outright purchase signal.
In this weekly Japanese candlestick chart of KSU, below, we see a bullish picture. Prices have been strong the past three years. KSU is trading above the rising 40-week moving average line. The weekly OBV line has been steady when the daily OBV line showed a decline. The MACD oscillator is crossing to the upside for a fresh buy signal.
In this daily Point and Figure chart of KSU, below, we can see that the software is projecting the $371 area as a potential price objective.
Bottom line strategy: The charts of KSU are bullish and traders could buy KSU around $300 risking to $285. The $371 area is our price target for now.
