NSC Forecast 9/29/2015

201509.29

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NSC Forecast 9/29/2015

Norfolk Southern (NSC:NYSE) is a company that engages in the rail transportation of raw materials, intermediate products, and finished goods.

This stock has been hammered down over the last few quarters and is showing signs of reversal. This trade, like many in recent weeks is likely to rally in the short term, but the odds are high that it will need to retest the lows one more time before a sustainable bottom can form. This should offer a quick profit, but we would strongly suggest taking all profits in the blue zone.

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