FDX is an example of a failed short-term bottom formation. These bottoms develop too quickly and are unable to fully complete the formation. This stock is now poised to retest the prior candlestick pattern lows for support.

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bottombottomformationCandlestick AnalysiscandlestickpatternChart PatternsFDXformationLOWSpriorlowsshorttermbottomsupportTrend Analysis

Martha Stokes, CMT
ttrader.im/tv-candlesticks

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