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Barker
Sep 29, 2012 4:41 PM

FDX starting a position hopefully below 84. Long

FedEx CorporationNYSE

Description

A small position in FDX could be wise here as the stochastics
are oversold on multiple time frames. Still looks like we have some more downside
but anywhere below 84 would be a great entry
Ideal entry: 83 but would consider a small entry on any weakness
1st Target: 86 (conservative)
2nd Target: 90 (higher risk)
Stop Loss 82.50
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