shkspr

SHORT | FDX

Short
shkspr Updated   
NYSE:FDX   FedEx Corporation
FDX

Possible Scenario: SHORT
Evidence: H&S, Price Action
TP1: 198$
we are in a bear market, and it formed H&S in weekly and monthly charts, so it is very reliable. PUTs for the next 60 days will print. it's in the oversold territory now, so a rally based on technical is very possible, I'll open a position with 30% of allocation and I'm ready for averaging up/down

*This is my idea and could be wrong 100%.
Trade closed: target reached:
TP1 reached
Trade closed: target reached:
Target 2 and 3 reached too.

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