23.02.2016 - Shares of FedEx can be adjusted down
Price of FedEx broke through inclined resistance line and reached a local maximum around 136.00. Fixing above this level will be the basis for further growth of quotations to 150,00 and 156,00. On the other hand, in the near future the price may return to the inclined support line and level 127,00-128,00. We are waiting for the signal to open new positions and expect a decline in the near future.