CSX has been on our recent bullish watchlist and today seems to be testing resistance.
With the recent better than expected earnings, a gap up today, an uptrend already in place and with price dealing above all the major moving averages, this looks to be setting up for a buy.
Price is also making fresh 52 week highs which we like to see for good trend continuations.
With the recent better than expected earnings, a gap up today, an uptrend already in place and with price dealing above all the major moving averages, this looks to be setting up for a buy.
Price is also making fresh 52 week highs which we like to see for good trend continuations.
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