CSX Stock Chart Fibonacci Analysis 051425Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 30/61.80%
Chart time frame: D
A) 15 min(1W-3M)
B) 1 hr(3M-6M)
C) 4 hr(6M-1year)
D) 1 day(1-3years)
Stock progress: A
A) Keep rising over 61.80% resistance
B) 61.80% resistance
C) 61.80% support
D) Hit the bottom
E
19,350.00
0.00 BRL
18.71 B BRL
78.38 B BRL
About CSX Corporation
Sector
Industry
CEO
Joseph R. Hinrichs
Website
Headquarters
Jacksonville
Founded
1827
ISIN
BRCSXCBDR005
FIGI
BBG00P14JWK1
CSX Corp. engages in the provision of rail-based freight transportation services. Its services include rail service, the transport of intermodal containers and trailers, rail-to-truck transfers and bulk commodity operations. It operates through Rail and Trucking segments. The Rail segment provides rail-based transportation services including traditional rail service and the transport of intermodal containers. The Trucking segment consists of Quality Carriers. The company was founded in 1827 and is headquartered in Jacksonville, FL.
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CSX in Buy ZoneMy trading plan is very simple.
I buy or sell when at three of these events happen:
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* Money flow spikes beyond it's Bollinger Bands
* Stochastic Momentum Index (SMI) at near oversold overbought level
* Price at Fibonacci levels
So...
Here's
CSX Corporation Options Ahead of EarningsIf you haven`t bought CSX before the previous rally:
Now analyzing the options chain and the chart patterns of CSX Corporation prior to the earnings report this week,
I would consider purchasing the 35usd strike price Calls with
an expiration date of 2025-6-20,
for a premium of approximately $1.10
CSX is BullishPrice was in a downtrend, however a matured bullish divergence on RSI seems to be playing out on daily time frame. Previous lower high is broken successfully, and if the bulls maintain control over price action, we can expect a bullish rally from here. Targets are mentioned on the chart.
CSX potential Buy setupReasons for bullish bias:
- Price respecting weekly trendline
- Price is at strong horizontal support
- Simple DOW theory
- Safe Entry at LH breakout for bull trend confirmation
- Bullish divergence
Here are the recommended trading levels:
Entry Level(Buy Stop): 34.04
Stop Loss Level: 31.45
Take Pr
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Below, I used ChatGPT to give me a quick analysis of the stock and to examine the reasons behind its decline over the past year.
My plan is to buy in (DCA - Options) as
Possible wave tradeI follow a long term trend analysis based on a tutorial published by @TradeWithParas, so naturally I suggest you refer to his idea for a longer term swing. But inside this analysis there should be some wave to wave trades.
Currently I see consolidation between the 50 and 200 moving avgs, a break of
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.