Bixley

CSX Continuation Likely

NASDAQ:CSX   CSX Corporation
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


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.