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JohnChartIdeas
Apr 28, 2018 9:32 PM

FDX long possibility  Long

FedEx CorporationNYSE

Description



FDX I like because of possible monthly 10sma bounce odds, daily triangle and 60 min consolidation. That 60 min consolidation can bring us smaller stop but we can use that only if Monday open will hold it. First resistance will be $254-255 area and if that will be broken then I will look for possible previous weekly high and action after setup (buying pace) will determine target possibility.

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