NSC breaking through supportThis has already poked through this support line twice. Below all EMA's. Stop above the previous weeks candle. Wanting this to make a lower low for entry.
NSC trade ideas
12% UPSIDE IN NORFOLK SOUTHERN AVERAGE ANALYSTS PRICE TARGET $
AVERAGE ANALYSTS RECOMMENDATION
P/R RATIO 17
SHORT INTEREST 2%
COMPANY PROFILE
Norfolk Southern Corp. is a transportation company, which owns a freight railroad. It engages in the rail transportation of raw materials, intermediate products, and finished goods primarily in the Southeast, East, and Midwest and, via interchange with rail carriers, to and from the rest of the United States. The company transports overseas freight through several Atlantic and Gulf Coast ports. It offers the extensive intermodal network in the eastern half of the United States and is a transporter of coal, automotive, and industrial products. The company's services include property leases and sales; wire line or pipeline and fiber optics projects; access property; manage private crossings, promote business with signboards, and natural resource management. Norfolk Southern was founded on July 23, 1980 and is headquartered in Norfolk, VA.
NSC, Norfolk Southern Corp. - Trend Analysis & PatternsNYSE:NSC
Why do I choose technical analysis for trading?
Because the psychological state of traders / investors is always a representation on a scale between greed and fear, which creates in all markets patterns that repeat themselves for more than a hundred years, and if you are aware of their % profitability, and the difference between the amount of profit compared to the amount of loss, you would know statistically how your account would behave.
And if you would know how to manage your capital in terms of recapitalization and allocation, then I see no reason not to operate in this way.
This is also confirmed by my results with respect to the theory. The % of annual profits, maximum drawdowns and periods of underwater that are extremely aligned with the results of my backtest made right on this type of trading.
buylooks to be on a pullback to the supporting trendline. The 50dayMA is still above the 200dayMA so there is a good chance that it gets oversold, bounces off the support.
NSC: Sort opportunityAn intraday high potential, Back Tested Sort Analysis.
We ll try to enter into the correction of the uptrend movement.
DETAILS ON THE CHART
NOTE: Entry range area above the entry point, is calculated upon 80% of the recorded pullback back tested past performances
DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money on.
NSC bullish breakout Breakout day on NSC, looking to add on any shorter timeframe setups. Don't like the lack of volume so far though
NYSE:NSC
Bullish.....but not for longI reckon there is still some more upside for this (and many other US stocks) but it sure looks like we are approaching a top of some sort some time soon.
NSC - Norfolk SouthernContinuing long upward trend, breaking this year's resistance, reaching new heights.
NSC long entry on Bullish GartleyBased on the Bullish Gartley pattern entry for LONG position with attractive risk/reward ratio
Cup and Handle on NSC Daily Cup and Handle
first target on 122.00
second and final target on 124.00
stop on 114.80
$nsc ready for next swing higher!upward sloping channel bouncing strongly off 50 day
breaking out of falling wedge-measured move is $8- potential energy to breakout out resistance area of 125.0x area
looking for minor pullback for a better entry for better r/r
NSC - Dead End for the Bears?This Company was mentioned in my options group
and it looked very interesting to me. So i got my
hands on it and found a nice potential trade.
The fast run down seems to have a end.
Frequency catched up bevor, then shifted and now
we find price at the WL (Warning Line), where the
shifted Frequency meets Action/Reaction.
Potential for a long with a nice stopp below 71
seems a fair bet for a PTG between 95/100.
P!
NSCNotes on chart. Looks very much like a Bulkowski "roof" if price does not fine support here at the 50wma, 100ish next.
