Drop

Fedex Corp: time to correct

NYSE:FDX   FEDEX CORP
18 0 0
Fedex Corp             is moving within a steady rising trend on all charts – monthly, weekly and daily. There have been gaps in the upward movement over the recent sessions. The RSI is in the steady trend, with no signs of divergence. This means the upward movement continues following correction. As the previous correction was flat, future correction is expected to be deep. This correction aims to close the gap at USD 172.

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