CSX Trade on Jul 17, 2019 09:30 from Cklamb: Tradervue User Stock Trades.

CSX
Intraday Fundamentals
CSX has taken a few downgrades along with a miss of earning this morning and is trading down almost 10%
Reading the Tape
The tape was spready at best and not used to take this trade. Although, not exactly tape reading, this did break 73.00 on quick run to 72.38. It came back for rest above 73 and pulsed back to 72.50 and one more time with the same short rest above 73 and then back to below my entry.
Technicals

Solid uptrend for the year and no major gaps it ahs become range bound since early April topping at 81 and setting the bottom of that range 73.00ish
Hourly
There are people trapped here. This raises the probability that this will not bounce that at high at the open.

Trade Management

Notes
• 73.38 is NOT 72.20…this did not wick to support
• The action as the first closed led to think a run to 73.20 was more probable than a run to 72.20 in the short term. This is still a little too much intuition for this early in my journey.
• Managed the stops pretty well.. I was looking for a possible hold above vwap and 73.20 for a longer- term play.