Friday, October 14, 2022 9:58 AM EST
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CSX Corp., Elliott Wave Technical Analysis
CSX Corp., (Nasdaq: CSX): Daily Chart, October 14, 2022,
CSX Stock Market Analysis: At this point, we can see a five-wave move potentially completed, which could signify the end of higher degree C and therefore the whole correction into wave (4).
CSX Elliott Wave count: C of (4).
CSX Technical Indicators: Below all EMAs but this RSI bullish divergence.
CSX Trading Strategy: Looking for further confirmation to be followed by a clear five-wave move to the upside.
Analyst: Alessio Barretta
![](https://talkmarkets.com/contributor/tradinglounge/user_content/ckimages/orig_csx_10_14.webp)
CSX Corp., CSX: 4-hour Chart, October 14, 2022
CSX Corp., Elliott Wave Technical Analysis
CSX Stock Market Analysis: We can see how w have had five wave into wave {v}, which means we could have completed a higher degree C.
CSX Elliott Wave count: {v} of C.
CSX Technical Indicators: We broke through the 20EMA(red line).
CSX Trading Strategy: Looking for a break of the green line for additional confirmation and perhaps support off the 20EMA.
![](https://talkmarkets.com/contributor/tradinglounge/user_content/ckimages/orig_csx_4h_638013359969232804.webp)
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