Fdxsignal
#FDX $FDX looking to break out upwards strong trend from DecFDX has shown a solid pattern on the uptrend for the last month or so, and is currently within reach of ATH. Shipping is getting more expensive, and FDX is in the process of a share buyback program. I can see this going to 285 or so, top of 300.
NFA
Reversal back into the range? #stocksThe Chart: If price can break this down trendline I am looking for the stock to move higher back into the range. Looking for the opposite of the downward reversal back on December 8.
The Narrative: Despite the reopening online sales will continue to grow. Although Amazon is increasing becoming a competitor, the shipping market is largely a duopoly and as the economy improves they should have pricing power.