G13Man

CSX , basically an up ward moving stock , to practice charting

Long
G13Man Updated   
NASDAQ:CSX   CSX Corporation
5
need to find a better company to trade , so this is new chart for me , to see if i can " get it "
over all , it is going up .
comments appreciated
i start my s/r lines on long time frame then add 5 year lines
then add trend lines to them and add 1 year trend

then the following charts i will add shorter time frame lines
will be adding Fibs as practice as i try to learn fibs
experianced fib persons welcome to help me ..
an elliot wave counter would also be welcome
please do not insult each other ,
but u can insult me as long as u have a chart to show me why !
Comment:
on the one year lines
already noticed my up trend was not clean ,
replaced with two lines , one for main movement and lower one for the lowest wicks
Comment:
long range is up but at resistanc and hit top of up trend ,down a bit , quick scalp via
weekly 31 Put @ .65
Comment:
err , meant to say monthly 31 PUT @ .65
stop loss set @ 1.00 , option now worth 1.11
Comment:
stop loss , worked , did not lose profit , and CSX went up from the bottom line
Trade active:
yes , DAD was active in this trade , so am I

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