FDX has seen enormous rise this week, breaking above the 1W MA50 (RSI = 59.573, MACD = -0.910, ADX = 28.559). Despite that, it is still undervalued both on the short and long term. Based on its recovery after the Subprime Mortgage crisis (the pattern then is very similar to today), it is aiming at the 1W MA200 on the short-term (right now at 192.71) and on the long-term to new ATH.
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Telegram: t.me/investingscope
investingscope.com
Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.
Free Channel: t.me/investingscopeofficial
investingscope.com
Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.
Free Channel: t.me/investingscopeofficial
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.