CSX Corporation CSX shares trading higher by $1.09 (4.5 percent) at $26.08 in Wednesday's session. The Street is content with its Q1 inline EPS report along with a slight revenue miss.
In the first 15 minutes of the session, it found support right between Tuesday's close ($24.99) and Tuesday's high ($25.12), reaching $25.07 before turning higher.
The ensuing rally has found resistance in between the pair of highs from March 30 ($26.46) and March 31 ($26.28) and is attempting to close in the $26 handle. It hasn't done so since March 30, when it ended the session at $26.30.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.