This I'm expecting short term a pump to around 162-164 range then a drop after hitting support.
Earnings could prove hard for FDX. Amazon announced not allowing third party vendors to use FDX for prime shipping on December 16th. They reallowed it around Jan 16th.
31 days leading up to and following Christmas. Leading up, all those sales not shipped through them, following and gift cards or money from the holiday that were used on purchases.
I know this is way out. Just putting my thoughts out there while I have them.
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