Possible Inverse head and shoulders?
NYSE:FDX FedEx Corporation
If Fedex continues on its downwards path and back up to the neckline, it could validate the pattern with an inverse head and shoulders. Fedex still bullish on its way to recovery! Just a slower mover. Watch the pivotal point of a right shoulder if the share price can go a bit lower. I sold my calls to get in at a cheaper price. Just an idea, trade at your own risk. Thanks!