The technical figure Triangle can be found in the US company FedEx Corporation (FDX) at daily chart. FedEx Corporation is an American multinational conglomerate holding company focused on transportation, e-commerce and services. The Triangle has broken through the resistance line on 18/12/2021, if the price holds above this level you can have a possible bullish price movement with a forecast for the next 7 days towards 275.00 USD. Your stop loss order according to experts should be placed at 238.42 USD if you decide to enter this position.
Also, FDX is a good idea for investors looking for total return with a dividend kicker as a long-term investment.
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Also, FDX is a good idea for investors looking for total return with a dividend kicker as a long-term investment.
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.