Jump to content

CSX Corp.(CSX:NASDAQ) Elliott Wave Technical Analysis October 14 2022


Recommended Posts

CSX Corp., Elliott Wave Technical Analysis

CSX Corp., (CSX:NASDAQ): 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 moveto the upside.

TradingLounge Analyst: Alessio Barretta

 

CSX_10_14.png.92ccf8d27fb9ccf9f1bb71e9032d45e2.png

 

 

 

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 meanswe could have completed 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 green line for additional confirmation and perhapssupport off the 20EMA.

CSX_4H.png.9fb30df108ce98e2c29f83324ca774f5.png

Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • image.png

  • Posts

    • Yeah! I think I would have to agree with you on this as I have benefited a lot from the event this recent times & I have plans of leveraging the event for a long time.
    • Join the BYDFi Demo Trade Profit Posting and grab your chance to share in a 10,000 USDT prize pool!  Show off your trading skills, post your profits, and let's see who comes out on top! Don't miss out on this chance to win big! 🎉
    • The #meme hype surrounding #Solana may have slowed down with the emergence of the Ton network, but it seems that the enthusiasm for Solana is not fading away entirely. While new networks like Ton are gaining attention, Solana has previously generated significant interest and wealth for investors. However, there are concerns about scammers exploiting the Solana network with various honeypot and rugpull schemes, leading some traders to explore other chains like Base and Ton. Despite the rise of Ton blockchain, a new Solana meme project associated with Pepe the Frog has started to gain traction. One such project, LandWolf, has already amassed over 5,000 active Telegram members and 5,000 Twitter followers, indicating early interest and community engagement. The project aims to unite Pepe fans with the broader crypto community, offering a unique value proposition. LandWolf's ability to secure listings on top-tier exchanges like Bitget showcases the developer's influence and the project's potential. Some enthusiasts have already dubbed $WOLF as the biggest meme coin on Solana, highlighting the ongoing interest and excitement within the Solana ecosystem.
×
×
  • Create New...
us