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michaeltaps
Sep 3, 2020 3:03 AM

FDX inching towards massive macro resistance  Short

FedEx CorporationNYSE

Description

The long awaited FDX dump is right upon us. There is resistance at this .786 fib level. Back in December of 2018, FDX got rejected hard off this level. I am looking for another rejection. This would create a nice double top on FDX and a perfect short opportunity.
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