Dotted trend line is projection; seems to be working after double bottom. Heading back to 70's - Long positions
Projected action denoted by the dotted line.. long positions
NASDAQ:CSX CSX inside area of consolidation where we are looking to see if this Accumulation or Distribution, since was very big Shake out i am looking on this now as Accumalation with Entry after LPS T1 already Taken and stop at breakeven now to watch what will happend thanks
Bought a calendar today in CSX for a 1.60 debit. The 0.3 I.V.R. (implied volatility rank) was what made me want to try this as well as an overall feeling that the transports and industrial sectors of the market are looking somewhat weak. I rarely do a calendar (2nd one ever) as they always seem to lose but will try to mix up my approach so as not to be just...
Holding long position (not swinging). Working nicely.
Market pulled it down last couple weeks but its clawing back. Nice boring long term position
Potential $75 #swingtrade #gapfill #fibonacci @blackbox2
Got a short trade in CSX corporation as per my 15 min breakout strategy. Read my pick for the day- 5 Stocks To Sell And 2 Stocks To Buy Today-Day Trading Ideas-NASDAQ
The price is under 30MM and the RSI is going down. If the price break the support, it'll be in phase 4.
nice increasing sideways movement.... can continue higher....
Slowly preparing for a move higher. If you follow and go long use the 50 SMA as support.
$CSX - historically always when this stock has hit the 50 SMA it moved higher. 50 SMA is a general trend line. Keep a close eye.
$CSX getting close to the 50. Historically this chart moves higher when it tests the trend resitance.
Continuous long marabozus to average and short bear trade hours this session
Good momentum and solid price action says this is a buy imho. A houly close back into the longterm channel or a break in momentum would prompt me to terminate the trade.
if not already in it from previous entry, I want a strong close above 61...