r3anand

UPS & FedEx forming long term tops

Short
NYSE:FDX   FEDEX CORP
Both these stocks are beneficiaries of the "stay at home" trend. As a result, they've gone parabolic, and appear to be in the distribution phase. Risk to reward for taking a short seems to be quite lucrative !

Comments

Good Analysis!
+1 Reply
r3anand Jonas99
@Jonas99, thanks !
Reply
Nice and understandable charts, let’s bag the pips, don’t you think?
Reply
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