$FDX Fedex will deliver profits
Fedex has had a year to forget, economic slowdown, trade war, dollar strength and miscommunications have made investors run for the hills. Buyers have started to return in the last quarter as the stock provides a good risk reward opportunity. Current indicators point to future gains and the price has just broke over the 100ma and resistance level.
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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.