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CSX Set a New High in November, then Derailed. Next Stop -- Earnings

2015-04-14 20:14:48| Railroads - Topix.net

NEW YORK -- The Dow Jones Transportation Average gained 24% in 2014, but it's down 4.7% so far in 2015, and shares of one component, railroad company CSX Corp , have slid by 8.7% year-to-date. CSX hit its all-time intraday high of $37.99 on Nov. 26, 2014, and its technical setup has the stock below its 200-day simple moving average with a negative weekly chart.

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