FDX primed to reward traders 20%

BATS:FDX   FedEx Corporation
FedEx Corp. (FDX) presently testing meaningful support, able to absorb weekly selling pressures.

From here, (FDX) can gain bullish momentum and turn higher into later year, eliciting gains of 20% over the following 3-5 months.

Inversely, if a weekly settlement below this support level occurs, (FDX) would be placed into a sell signal where losses of 20% would be expected over the same time horizon.

Anthony Speciale, founder of Speciale Analysis offers a LIVE Price Action trading program designed to serve retail traders of all experience levels.

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