iJavidTrader

FDX breakout

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NYSE:FDX   FedEx Corporation
FDX is another one of our preferred trending stocks and has been discussed in our private forum a few times.

Price broke out of the regression trend channel almost 2 weeks ago and continued to trend upward. Yesterday price closed above the resistance level and this has now been placed onto our bullish watchlist.

Wewill wait for a chart pattern to set up any long positions.

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