Bearish $CSX

8 במרץ 2017

CSX has had a significant run here and just broke trendline support.

Looking for a target to at least .50 retracement with this kind of run. There also happens to be previous support in the 46.20-46.50 range.

Will look to take off put debit spread in this area.

13 במרץ 2017

הפקודה בוטלה

Looks like CSX formed a base at the .382 retracement and may be heading higher. I am closing out of my positions.