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Csx Corp (CSX) Breaks Through Resistance at $57.97

By Nick Russo

Shares of Csx Corp (NASDAQ:CSX) opened today above their pivot of $57.67 and have already reached the first level of resistance at $57.97. Analysts will be watching for a cross of the next upside pivot targets of $58.36 and $59.05.

In the past 52 weeks, Csx Corp share prices have been bracketed by a current low of $0.00 and a high of $60.04 and are now at $0.00. Over the last five market days, the 200-day moving average (MA) has gone down 0.4% while the 50-day MA has advanced 0.6%.

Csx Corp (NASDAQ:CSX) has potential upside of 0.0% based on a current price of $0.00 and analysts' consensus price target of $63.12. The stock should run into initial resistance at its 50-day moving average (MA) of $25.88 and subsequent resistance at its 200-day MA of $26.57.

SmarTrend recommended that subscribers consider buying shares of Csx Corp on February 16th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $55.89. Since that recommendation, shares of Csx Corp have risen 3.0%. We continue to monitor CSX for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: pivot alerts csx corp

Ticker(s): CSX