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Bear Flag On $CSX To Make This Move In Days

Prepare for the next move in shares of CSX Corporation (NYSE:CSX)...

After dropping off multi-year highs and putting in a bear flag, the stock is on the verge of its next leg down. Expect a sharp, quicker move this time, taking the stock to a target price of $38.00. The stock had gotten to these heights based on rumors and speculation. That is fading and so will the stock price. I am short. Note the chart below...


Stock market bear flag on shares of CSX Corporation