FedEx Corporation

Short

FDX Wedgie before earnings

By hungry_hippo

Updated

Looks like another wedgie, FDX missed earnings the last 3 quarters, if they pump this tomorrow, I'm shorting it.

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Hit the upper trendline...

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… and rolled over

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Wedgie has not broken yet, no position.

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I'm not paying this one, but it just broke the wedge. Might be a good one to short until earnings next week.

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I guess charting works, lol. $157 target on the wedgie if you played this one.

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Boom, target hit.

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