FDX has found resistance 🚧 at the trendline
From here, price may look to tap into the fair value gap highlighted in purple as the next logical target area.
🎯 Conclusion: Bias is cautiously bullish — I expect FedEx could push into the fair value gap on its next leg higher. This view is based on technical structure, though markets remain uncertain and no outcome is guaranteed.
👉 Stay tuned for more structured market insights — follow along for consistent expert-level analysis.
From here, price may look to tap into the fair value gap highlighted in purple as the next logical target area.
🎯 Conclusion: Bias is cautiously bullish — I expect FedEx could push into the fair value gap on its next leg higher. This view is based on technical structure, though markets remain uncertain and no outcome is guaranteed.
👉 Stay tuned for more structured market insights — follow along for consistent expert-level analysis.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.