$FDX Weekly Chart, longer-term view: This kind of pattern had me feeling bearish in the past year but showing some signs of putting in a bottom here. If so, looking at near-mid term range between (current retrace) 61.8 fib (~144) to 23.6 above (~225). My broader fib levels can be seen on the chart (bold levels) for longer-term thinking. Considering putting a few shares in the hopper and forget about them. Would expect to be a multi-year investment (not ST trade).
  • 3
  • 1