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Is FDX primed for upward momentum? Upper Bollinger Band Walk shows up after sinking 0.86%
FDX closed down 0.86% on Tuesday, August 11th, with volume running 0.7× below average. Upper Bollinger Band Walk was spotted, which could indicate a shift in momentum. Key support levels exist at 319.26, 316.21 & 311.66, with resistance at 326.85, 331.4 & 334.44. Technical indicators like Slow Stochastic reveal overbought momentum right now.
Current SwingTradeBot Technical Rating of FDX: B
Today’s move could mean more—check all the signals for FDX on SwingTradeBot.
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