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FDX Approaching resistance, potential drop!

Short
NYSE:FDX   FedEx Corporation
FDX is approaching our first resistance (horizontal pullback resistance, 38.2% fibonacci retracement, 100% Fibonacci extension) where a strong drop might occur below this level to our major support (50% fibonacci retracement).
Stochastic is also approaching resistance where we might be seeing a corresponding drop below this level.
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