jake66

$FDX SHORT

Short
NYSE:FDX   FedEx Corporation
See weekly support for possible levels at which this stock will fall to. (TP=$100)

Very weak guidance + bad earnings report + slew of analysist downgrades (KeyBanc, BMO, Deutsche, Stifel) + dropping amazon as client and now competing.

FedEx is a deteriorating company caught in global trade tensions as well as a slowing global economy.

I am short.
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