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TradeWithParas

CSX potential Buy setup

Long
CSX Corporation (BATS:CSX)  
TradeWithParas  
BATS:CSX   CSX Corporation
Support and Resistance Trend Lines Fibonacci csxcorporation CSX nasdaq stockpicks
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supportandresistance trendline fibonacci csxcorporation csx nasdaq stockpicks
Reasons for bullish bias:
- Price is at weekly support
- Safe entry at LH breakout(DOW)
- Price respecting strong trendline
- Bullish divergence
- 0.618 Fib level
- Positive Earnings

Here are the recommended trading levels:
Entry Level(Buy Stop): 34.93
Stop Loss Level: 32.80
Take Profit Level 1: 36.93
Take Profit Level 2: 38.26
Take Profit Level 3: Open
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