FDX is looking strong with a long uptrend
last few weeks were in my opinion a correction and price created a buying opportunity
price broke above small downtrend channel and formed a inverse H&S (no confirmation yet!)
firs i see price closing gap at 217 and if breaks above the highs could have great long term potential
last few weeks were in my opinion a correction and price created a buying opportunity
price broke above small downtrend channel and formed a inverse H&S (no confirmation yet!)
firs i see price closing gap at 217 and if breaks above the highs could have great long term potential
Trade closed: target reached:
after reaching the target price created another inverted head and shoulders which coul lead to another puch higher if breakes above yesterdays high
look at the updated chart below
look at the updated chart below