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Juliia
May 26, 2020 4:17 PM

Fedex. Triple bottom Long

FedEx CorporationNYSE

Description

On the weekly TF, the “triple bottom” reversal formation is visible, the profit for which is around 19%, the formation is supported by convergence of senior TFs (month and 2 weeks).
I will try to buy at the prices pass above $ 125 (breakdown point on the figure)
Stop - the price will fall below $ 125
Profit 1 - $ 141 (MA200 day + level)
Profit 2 - area of $ 160, if the price can overcome MA200

convergences


triple bottom
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