NSC, Norfolk Southern Corp. - Trend Analysis & Patterns

NYSE:NSC   Norfolk Southern Corporation
Why do I choose technical analysis for trading?
Because the psychological state of traders / investors is always a representation on a scale between greed and fear, which creates in all markets patterns that repeat themselves for more than a hundred years, and if you are aware of their % profitability, and the difference between the amount of profit compared to the amount of loss, you would know statistically how your account would behave.
And if you would know how to manage your capital in terms of recapitalization and allocation, then I see no reason not to operate in this way.
This is also confirmed by my results with respect to the theory. The % of annual profits, maximum drawdowns and periods of underwater that are extremely aligned with the results of my backtest made right on this type of trading.

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