FDX breaking support. 8/20/15 Update. FDX did not bounce at support. If it retests tomorrow or the next day, one could be bearish.
This is a LARGE distribution phase break out. A retest will occur on a small and bigger time frame. If the 100 SMA (which is the target) fails, this has gigantic bearish potential.
This is a LARGE distribution phase break out. A retest will occur on a small and bigger time frame. If the 100 SMA (which is the target) fails, this has gigantic bearish potential.
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