tradearcher

Time to Ship?

Long
NYSE:FDX   FedEx Corporation
(D): Since mid-June and previous earnings, $FDX has taken a hit. The first half of July, OBV has formed a local bottom and in late July it made a decent local price bottom with a new higher local OBV bottom; bullish. MACD is bullish and so is OBV after it crossed above its ema50(OBV). RSI is mildly bullish and my MS indicator, below price chart, is largely bullish.

Stop: Thurday's LOD
Targets: 178, other potential Fib levels extensions

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