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CSX Strong Sell Short Opportunity At Hand

Shares of CSX Corp (CSX) are up nearly 100% since their March 2020 lows. This move has been huge even with a limited rebound in economic activity. In fact, the stock is trading near its pre Covid-19 highs (when the economy was VERY STRONG) even though we are still down huge on GDP. This gives investors a chance to short the stock. There is a CSX strong sell short opportunity at $79.70, a gap fill from the prior pre-Covid high. This is a technical level worth paying attention to. There will be a likely retrace of the nearly 100% move to (at a minimum) $70. This represents an over 10% easy swing trade for investors.

Members of Gareth’s Verified Investing Alerts have closed out 157 swing trades already in 2020 for a net gain of 1,295.40%. Join now and get the exact entry/exit price alerts, stops and targets. Get The Action NOW by Clicking HERE

CSX strong sell short chart signal below…