The bullish DailyPlay for Friday, September 18th is CSX Corp (CSX). CSX has experienced a 5.8% gain over the past month and its 1M and 6M trends turned bullish on August 4th. 

Fundamental View

• Made significant margin expansion with a 12% reduction in headcount.
• Good history of effective cash-flow management during recessions
• Earnings Oct 21st in 33 days

Technical View – IV Rank 15%

• Recently pulled back to 20 D EMA and bounced higher with strong momentum
• Bullish 1M and 6M trend with strong relative strength
• Debit Spread risks just 3.5% of the stock’s price to play for a breakout