Fedex FDX is the latest stock on my radar to do a 50% Retracement from the COVID low to All Time High at 204.30. This morning there was a price volatility spike on the 30 minute timeframe (see below) to trigger attention to the setup. I am going to give it a wide berth to play the weekly level but start the position on today's down day.
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.