don_shula

$FDX GOLDEN POCKET PLAY BUUUULLLISH

Long
NYSE:FDX   FedEx Corporation
$FDX looks to continue its bullish up trend. Its currently retraced to an important fib level in the golden pocket range. $FDX is $7.81 or 2.52% away from ATHs. If you drop down to a lower time frame you will see that price is creating a bullish flag pattern inside that golden pocket. I don't like the positioning or postures on the stochastics but on the larger time frame they are showing more bullish postures.

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