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FedEx Corporation
Short

SHORT | FDX

By shkspr
Updated
FDX

Possible Scenario: SHORT
Evidence: H&S, Price Action
TP1: 198$
we are in a bear market, and it formed H&S in weekly and monthly charts, so it is very reliable. PUTs for the next 60 days will print. it's in the oversold territory now, so a rally based on technical is very possible, I'll open a position with 30% of allocation and I'm ready for averaging up/down

*This is my idea and could be wrong 100%.
Trade closed: target reached
TP1 reached
Trade closed: target reached
Target 2 and 3 reached too.
Chart PatternsFDXTechnical IndicatorsTrend Analysis
shkspr
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