Can you post a chart showing that when you get a minute? I'd like to see what you see on this. There's so many different ways to look at these things, and I'm certainly open to another informed chart view. I must say I'm not impressed with the volume today. The whales are waiting for the bigger whales to make their move market-wide. Volumes are down 35% across the board.
pardon me for the lousy free charts. I have already subscribed to quite a few futures exchanges data & I didn't subscribe to the stock markets data. UPS appears to be riding on the rising trend line. FDX. on 22 Sept 2021 (with significant volume), those very big men could have been very disappointed with FDX performance and hence FDX broke the 235 neckline. they must have been disappointed since Jul 2021. some people would probably expect a shoulder head shoulder formation.
If I may be so bold, FedEx looks like a buy there on a triple-bottom, considering seasonality and fundamentals like lowered fuel costs. $300 target minimum, and beyond if yer feeling frisky.
i think we're on the same page- FDX, THO, WGO - a return to value. i literally bought WGO just a few minutes ago. so much for my 30 day hiatus. turns out there's a ton of stocks i didn't just sell at a loss