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Is FDX preparing to trend higher? Directional Movement Crossover Bullish shows up after climbing 0.85%
On Friday, August 7th, FDX moved up 0.85% while volume shrunk to 0.5× the usual levels. Mixed technical signals appeared with Directional Movement Crossover Bullish suggesting upside potential, while 50 DMA Resistance and Non-ADX 1,2,3,4 Bearish indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 314.69, 310.81 & 308.31, with resistance at 321.07, 323.57 & 327.45.
Current SwingTradeBot Technical Rating of FDX: B
Just a sneak peek — check SwingTradeBot.com for the full story on FDX.
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