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FedEx Corporation
Short
Updated

SHORT | FDX

272
FDX

Possible Scenario: SHORT
Evidence: H&S, Price Action
TP1: 198$
we are in a bear market, and it formed H&S in weekly and monthly charts, so it is very reliable. PUTs for the next 60 days will print. it's in the oversold territory now, so a rally based on technical is very possible, I'll open a position with 30% of allocation and I'm ready for averaging up/down

*This is my idea and could be wrong 100%.
Trade closed: target reached
TP1 reached
Trade closed: target reached
Target 2 and 3 reached too.
shkspr
no pain, no gain
Unveiling illusions, revealing wealth
Also on:
Chart PatternsFDXTechnical IndicatorsTrend Analysis

Disclaimer

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.
Chart PatternsFDXTechnical IndicatorsTrend Analysis
shkspr
no pain, no gain
Unveiling illusions, revealing wealth
Also on:

Disclaimer

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.