Elliott Wave Technical Analysis: CSX Corp. - Wednesday, Fed. 1

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CSX Corp., Elliott Wave Technical Analysis

CSX Corp., (Nasdaq: CSX): Daily Chart, 1 February 2023,

CSX Stock Market Analysis: I slightly changed the count anticipating the bottom of wave 2. We reacted off the equality of C vs. A as we move back higher into the averages.  

CSX Elliott Wave Count: Wave {c} of 2.

CSX Technical Indicators: Below all averages

CSX Trading Strategy: Looking for a break of {b} to start looking for longs.  

Analyst: Alessio Barretta

CSX Corp., CSX: 4-hour Chart, 1 February 23,

CSX Corp., Elliott Wave Technical Analysis

CSX Stock Market Analysis: The count for wave {c} has been a little challenging. The best idea is an expanding diagonal in wave {c}.

CSX Elliott Wave count: Wave i of (i).

CSX Technical Indicators: Cross of 20 and 200EMA.  

CSX Trading Strategy: Looking for confirmation to then build longs after a clear five wave move to the upside.


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Disclosure: As with any trading or investment opportunity there is a risk of making losses especially in day trading or investments that Trading Lounge expresses opinions on. Note: Historical ...

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