FDX primed to reward traders 20%
FedEx Corp. (FDX) presently testing meaningful support, able to absorb weekly selling pressures.
From here, (FDX) can gain bullish momentum and turn higher into later year, eliciting gains of 20% over the following 3-5 months.
Inversely, if a weekly settlement below this support level occurs, (FDX) would be placed into a sell signal where losses of 20% would be expected over the same time horizon.
From here, (FDX) can gain bullish momentum and turn higher into later year, eliciting gains of 20% over the following 3-5 months.
Inversely, if a weekly settlement below this support level occurs, (FDX) would be placed into a sell signal where losses of 20% would be expected over the same time horizon.
Anthony Speciale, founder of Speciale Analysis offers an affordable approach for all traders to grow into their highest potential.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Anthony Speciale, founder of Speciale Analysis offers an affordable approach for all traders to grow into their highest potential.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.