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Norfolk Southern Falls Sharply From Resistance

Norfolk Southern (NSC) is a railroad company and a key part of the Dow Transports. The chart below shows NSC hitting resistance around 75 and falling over 1% today. Notice that MACD barely made it back in positive territory on the last bounce. Another downturn from here would surely turn momentum bearish.

120918nsc

Click this image for a live chart.

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