- CSX trading right at resistance level of $34 - 61.8 fib (March 2022 high to July 2022 low) $34~
The PEAD projected a Bullish outlook for $CSX after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 66.67%.
Playing with hypotheticals regarding the breakdown of the large trendline that extends from the year 2000. It is very strong. If price breaks down it is currently supported by the 4.618 fib however this is just speculation, it is a lot more likely that continuation of the uptrend will result Areas in red are very similar rejection points
The PEAD projected a Bullish outlook for $CSX after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 72.73%.
CSX Buy And Hold Accumulate. Continue to buy the wave and hold. Long term outlook is trending up. Big Bounce Up on the horizon.
CSX looks to have found the support It has close and broken the short downtrend Went Long at 25.01 Stop Loss be placed below previous Pivot Low
upward moving channel with good volume strikes me as a long term trend in transportation equities.
I like this level on NASDAQ:CSX for a long to retest the Major Highs. It is the 50% Retracement since the September low and the bottom of the Daily Ichimoku cloud. it is post earnings and IV has returned to average I am using the May24 37.5 Calls to express the trade.
New Leadership Will Triple Stock Price. Accumulate. Changes on the horizon keep it on the down low they don`t know yet. Price may fall more prior to changes just keep buying all dips. Will take about 1.5 years to complete new mgt may accelerate to 6 months. ; )
* Great earnings * Very strong up trend * High 3-month relative strength in the Industrial sector * Built an 8 month base between $29.71 and $34.26 * After breaking out it started to consolidate in a tight range creating a base on base pattern * Breaking out of the range with higher than average volume Trade Idea: * Now's a great time to enter as the price is...
IF the stock can break resist 26.2 dollar then buy . This is my recommend
Nice looking flag set up on csx chart maybe put a buy stop on it to get in on a breakout . Its currently sitting on the 50day ema support on the 4hr chart If you go down to a shorter time frame of 1 hr the 200 ema is around 34.70 and is at the bottom of the flag trend line support and it would also pretty much close that prior gap up So in my opinion its something...
It looks like we are currently at a high that has broken the previous high since August 23rd. I want to wait until price gets closer to my 20 (red) and 50 (orange) ema's It seems as if we started trading above the 200 ema after we had bearish candles that broke under temporarily where it reached and rejected a strong support level of around $29. Between Dec 2020...
www.tradingview.com NASDAQ:CSX Beautiful red candle on resistance. Per-market and opening to check tomorrow to enter on short position or not.
www.tradingview.com RSI overbought on daily chart. Price make contact with resistance area for the 4th time, Volume seams great so far to expect a breakout anytime soon. Buying signal must be consider before taking any position. In case of a short position fibo 0.5 is a good option, as usual.
Short entry for CSX predicted by our AI algorithm. The time horizon of the prediction is approximately 5 days.
Long entry for CSX predicted by our AI algorithm. The time horizon of the prediction is approximately 5 days.
Short entry for CSX predicted by our AI algorithm. The time horizon of the prediction is approximately 5 days.