Tuesday, July 26, 2011

FDX Follow Up

The FDX Short Idea was posted on July 8th.


The white arrow is July 8th, in that post we were looking for one thing to happen to enter the short, a break below support which happened the next day (at the red arrow).

With today's volume and price candle, we may see some upside in FDX, which would make a nice add to-trade or even initiate a new position if you missed this one. Set some alerts for price if you can.

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