There is not much to comment on besides the obvious trend reversal that is taking place on the chart.
FDX could see competition from Amazon in the far future. In the mean time, Amazon's immediate misfortune is FDX's gain.
It is difficult to predict how high this will go or if the current uptrend is just a deadcat bounce. Nonetheless, this is a good entry point at $125. Any dip below $125 right now is a buy.
FDX could see competition from Amazon in the far future. In the mean time, Amazon's immediate misfortune is FDX's gain.
It is difficult to predict how high this will go or if the current uptrend is just a deadcat bounce. Nonetheless, this is a good entry point at $125. Any dip below $125 right now is a buy.