Bucket 2 Trade Idea: FDX

Fedex (FDX) reaffirmed its guidance and technically looks like it could be a potential candidate to buy if Santa wants to make one last attempt at a rally. A close above $84.50 on solid volume would get us long Bucket 2. (See the chart attached).
Note the long hammer candle ( long tail) from yesterday (Dec 15th).

Leave a Reply

Your email address will not be published. Required fields are marked *