FDX Oversold

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FDX is oversold on the daily with the RSI sitting at a whopping 17. Too far gone and expect a bounce like most names that sold off the last two weeks. There is a healthy gap above that can fill, especially with the holiday season coming up. Trade is invalidated with a daily close below $217
Note
still an active trade, as there hasn't been a close below $217
Chart PatternsTechnical Indicators

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