💡$FDX 📚 More upside for FedEx? 💰+15%
📈FedEx looks primed to continue its price action after a 20% pullback from all time highs. There is some resistance to support to watch out for at $258. The short term trend is still bearing, so watch for a break of the descending and a break above $258. The is also curling up for a crossover with decreasing on the . The last three trading days have seen some good green candles with nice . A continuation of the long term trend could see 15% upside, with 6.6% risk (R/R: 2.36). There are some previous levels of resistance from previous price action to be on the look out for.
🔎This is not financial advice. Always do your own research and due diligence.