Jump to content

CSX Corp.(CSX:NASDAQ) Elliott Wave Technical Analysis December 19 2022


Recommended Posts

CSX Corp., Elliott Wave Technical Analysis

CSX Corp., (CSX:NASDAQ): Daily Chart, December 19 2022, 

CSX Stock Market Analysis: We are looking for further continuation to the upside here on CSXhas we are facing support off the parallel trend channel as well as the moving averages. In additionwe have alternation between a sharp wave {ii} and a sideways wave {iv} which provides additionalconfluence to the overall count.

CSX Elliott Wave Count: Wave {iv} of 1.

CSX Technical Indicators:20 and 200EMAs as support.

CSX Trading Strategy:Looking for longs into wave {v}

TradingLounge Analyst: Alessio Barretta

Source : Tradingelounge.com get trial here 

CSX_12_19.png.66b816669be49249039d1761fb72b0b8.png

 

 

 

CSX Corp., CSX:4-hour Chart, December 19 2022

CSX Corp., Elliott Wave Technical Analysis

CSX Stock Market Analysis:Looking for wave (c) to be potentially completed as we can see aclear fve wave move to the downside.

CSX Elliott Wave count: Wave (c) of {iv}.

CSX Technical Indicators: In between averages.

CSX Trading Strategy:Looking for longs once we start break previous market structure.

CSX_4H.png.81c0c41481084f19e1a061950796364c.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

    • The current market indicates that ERC-404 has the potential to be a game-changer. Because of the combination of ERC-20 (token) and ERC-721 (NFT) features, it is unique yet easy to draw attention to itself. As PANDORA has generated quite a bit of excitement and produced a number of millionaires, I'm hoping BEANS can do the same. But keep in mind that the cryptocurrency market is unstable, so do your homework before investing in BEANS or other tokens.
    • It's exciting to think about the possibilities of copy-trading. But it's like a double-edged sword: it can make you an easy profit, but it can also lead to the loss of all your money. Consequently, in order to make profits  and avoid losses, you must select the appropriate elite trader to follow. And DYOR is, in my view, the most effective technique to accomplish this.
    • Elliott Wave Analysis TradingLounge Daily Chart, 26 February 24, AAVE/ U.S. dollar(AAVEUSD) AAVEUSD Elliott Wave Technical Analysis Function: Counter Trend Mode: Corrective Structure: Zigzag Position: Wave ((B)) Direction Next higher Degrees: Wave II of Impulse Wave Cancel invalid Level: 47.34 AAVE/ U.S. dollar(AAVEUSD)Trading Strategy: Correction of wave 2 in the Zigzag pattern. Price is currently pulling back in wave B before falling again in wave C. The overall picture is still in an uptrend but is correcting to continue upward. AAVE/ U.S. dollar(AAVEUSD)Technical Indicators: The price is above the MA200 indicating an Uptrend, Wave Oscillatoris a bullish Momentum. TradingLounge Analyst: Kittiampon Somboonsod, CEWA Source : Tradinglounge.com get trial here!         Elliott Wave Analysis TradingLounge 4Hr Chart, 26 February 24, Bitcoin/ U.S. dollar(BTCUSD) AAVEUSD Elliott Wave Technical Analysis Function: Counter Trend Mode: Corrective Structure: Zigzag Position: Wave ((B)) Direction Next higher Degrees: Wave II of Impulse Wave Cancel invalid Level: 47.34 Bitcoin/ U.S. dollar(BTCUSD)Trading Strategy: Correction of wave 2 in the Zigzag pattern. Price is currently pulling back in wave B before falling again in wave C. The overall picture is still in an uptrend but is correcting to continue upward. Bitcoin/ U.S. dollar(BTCUSD)Technical Indicators: The price is above the MA200 indicating an Uptrend, Wave Oscillators a bullish Momentum.    
×
×
  • Create New...
us