FDX sell, break the trend line and the Divergence is OK Short

FedEx CorporationNYSE

Description

⋅ Feb 4, 2024 4:50 PM

The trend is up on weekly
The price formed a very strong bearish BA
Also the Volume was huge
Ther is a very good divergenc
The RS is negative and bellow the Zero
The price break the trend line
I opened short at 240
SL 265
TP 190

Trade closed manually

⋅ Mar 13, 2024 5:29 PM

With losses

Comments

shadowfx23

⋅ Mar 19, 2024 1:35 AM

How are you feeling about upcoming earnings? Beginning of the move down?

ColoRider

⋅ Mar 22, 2024 12:54 PM

@shadowfx23, too much momentum. It shot up.