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FiboTrader1

FDX: Buying May Resume

Long
FedEx Corporation (NYSE:FDX)  
FiboTrader1  
NYSE:FDX   FedEx Corporation
Trend Analysis Chart Patterns Technical Indicators
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trendanalysis chartpattern indicator
FDX has broken through a wedge/triangle (however you want to look at it) and found support at 219. If buying resumes and FDX can break $249, we may see a double top at 268 which is the 1.618 fib extension. Earnings are coming, so markets may act optimistically until reporting begins.

Not financial advice
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