FDX: change in trend direction?

BATS:FDX   FedEx Corporation
A price action above 250 supports a bullish trend direction.
Increase long exposure for a break above 255.
The first target price is set at 262 (at its 61.8% Fibonacci retracement.
The second target price is set at 281.
The stop-loss price is set at 244.00
Recently crossed above its 200-day simple moving average.
The MACD bullish crossover (see the lower panel) supports a change in trend direction to bullish.


The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.