$KSU Breakout continuation
"Canadian Pacific and Kansas City Southern Agree to Combine to Create the First U.S.-Mexico-Canada Rail Network" read yesterday's news. I expect further continuation to this movement higher. Wave 2 was put in after an A-B-C correction right at the 50% fib retracement. Increased volume last Friday possibly anticipating the news.
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.