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.
Order cancelled
Looks like CSX formed a base at the .382 retracement and may be heading higher. I am closing out of my positions.
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Dylan
Dylan
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Follow me to stay updated with this trade and any other trades I initiate.
Dylan
Dylan
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.