FedEx (FDX) bearish scenario

NYSE:FDX   FedEx Corporation
The technical figure Triangle can be found in US company FedEx Corporation ( FDX ) at daily chart . FedEx Corporation, formerly Federal Express Corporation and later FDX Corporation, is an American multinational shipping & delivery services and supply chain management company headquartered in Memphis, Tennessee. The Triangle has broken through the support line on 28/07/2021, if the price holds below this level you can have a possible bearish price movement with a forecast for the next 9 days towards 274.60 USD. Your stop loss order according to experts should be placed at 301.95 USD if you decide to enter this position.

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