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Is FDX positioned for a breakout? New 52 Week Closing High shows up after advancing 3.85%
FDX finished higher by 3.85% on Thursday, August 13th, trading 2.0 times its typical volume. Multiple bullish signals emerged — New 52 Week Closing High, Upper Bollinger Band Walk & Pocket Pivot — suggesting potential strength ahead. Key support levels exist at 330.8, 322.27 & 317.54, with resistance at 344.06, 348.79 & 357.32. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of FDX: A
Want the complete picture? Head to SwingTradeBot to see the rest of today’s action.
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