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Is FDX lining up for a decline? 20 Day Moving Average Resistance shows up after a relatively flat session
On Thursday, June 18th, FDX moved up 0.09% while volume shrunk to 0.7× the usual levels. consolidation patterns formed: NR7 and Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 323.42, 320.63 & 316.8, with resistance at 330.05, 333.88 & 336.67.
Current SwingTradeBot Technical Rating of FDX: A
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