letslearn

Fedex one more run, sure let's ride

Long
NYSE:FDX   FedEx Corporation
Alright drill starts here again Monthly in Red, Weekly in Blue and Short term in Pink

Ok so we are in ABC pattern in short term and that leads us to a touch of 23% monthly target and also 100% extension short term. Honestly I am looking at mid range between 50% and 61.8% weekly target, it all depends upon the risk you can take. Weekly 23% can be a stop loss , we are exactly at 38% weekly. Remember this is my opinion and not any kind of advise. I learned hard way and I am presenting things as simple as possible. I am ready to learn from you if it can be simpler than this. Good luck.

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