A potential Head and Shoulders formation on FDX that needs to confirm this new year. Nice consolidation this past month and I think this ticker is ready to move to complete the last shoulder here before a continuation move up with earnings to the upside on the back of holiday shipping revenue.
Again, if the market cooperates, this could be a nice opportunity to the upside.
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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.