May 03, 2022 (Stock Traders Daily via COMTEX) -- Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This report optimizes trading in Norfolk Southern (NYS:NSC) with integrated risk controls.
The trading plans were valid at the time this was published, but the support and resistance levels for NSC change as time passes, and this should be updated in real time. Access those real time updates for this and 1000 other stocks here. Unlimited Real Time Reports
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Use the basic rules of Technical Analysis. Here are some examples: if NSC is testing support the signal is to buy and target resistance. On the other hand, if resistance is tested, that is a sign to short, and target support. No matter which side the trade is, long or short, the trigger point is both a place to enter and as a risk control.
This data can be used to define Day Trading, Swing Trading, and Long Term Investing plans for NSC too. All of these are offered here: Access our Real Time Trading Plans
Buy NSC over 253.31 target 274.06 stop loss @ 252.58
Short NSC under 274.06, target 253.31, stop loss @ 274.85
Buy NSC over 263.10, target 274.06, Stop Loss @ 262.34
Short NSC near 263.10, target 253.31, Stop Loss @ 263.86.
Buy NSC over 259.52, target 263.10, Stop Loss @ 258.91
Short NSC near 259.52, target 253.31, Stop Loss @ 260.13.
NSC Technical Summary | Raw Data for the Trading Plans
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