FDX has started another rally that has more to go short term and long term. We need to move above 185 to end something. We are not there yet thus rally not over. How exactly we will get there is another story.
Short term it appears we need at least another push up but it would look better the way I labeled the climb as shown here on this weekly chart. Doing just that going into May then that would be a case of "Sell in May and go Away".
Short term it appears we need at least another push up but it would look better the way I labeled the climb as shown here on this weekly chart. Doing just that going into May then that would be a case of "Sell in May and go Away".
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