CSX is back above the 50 day moving average and should be gaining momentum in near future. With call options, I'm lookin for the stock go back to all time highs.
Tech info:
RSI is above 50 and is trending higher (this is really good)
The stock has been trading sideways and down for a long period of time approximately 3 months which improves this trading probability.
Lastly, the has good momenetum (above 20 ema, 85 ema, and above 50 sma.
I am long calls on CSX.
Tech info:
RSI is above 50 and is trending higher (this is really good)
The stock has been trading sideways and down for a long period of time approximately 3 months which improves this trading probability.
Lastly, the has good momenetum (above 20 ema, 85 ema, and above 50 sma.
I am long calls on CSX.