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Both companies run freight rail networks in the eastern U.S. and move the same kinds of cargo, especially merchandise, intermodal containers, and coal. They fight for the same shippers, port traffic, and rail volumes in the Southeast and East.
Sideways. Momentum is mostly flat.
Means
Direction is not clear. Price is likely ranging.
Based on
Current regime: Low volatility. Recent change: cooling down.
Means
Swings are calmer, so timing pressure is lower.
Based on
Current level looks fair.
Means
Price is near the top of its recent range, so upside room can be limited.
Based on
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