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stephanelibatd
Nov 4, 2020 2:01 PM

NORFOLK SOUTHERN CORP Idea  Short

Norfolk Southern CorporationNYSE

Description

Hey my friends, NORFOLK SOUTHERN CORP is in a historic moment we can see it making a new historical high. It is in a fake bearish push with a large volume of buying executed at the end of the session and a refusal from the sellers. In TIMEFRAME M1 we notice an attempt by repressed buyers with a large volume of traded sales. And we zoom in we can see that it wanted to test a strong resistance but lacking for the moment at the level of the buying force. Great potential to break resistance and go breakout the zone of balance then volume. To go up on the last highest before session and finally to really breakout the price zone.
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