"FDX is hitting a key support level and I'm reloading for a potential bounce." Bryan Bottarelli, Head Trade Tactician, Monument Traders Alliance Today's watchlist pick is a special one. It came across our stock scanner during our last Gift Gap presentation in October. Get this… one of the power option ideas we gave away saw a 200%+ gain in just two months following our demo! And today – we're doing another FREE live demo of this Gift Gap strategy at 2 p.m. on MTA Live. Click here to join us today and see how you could harness this powerful Gift Gap strategy in 2025. - Ryan Fitzwater, Publisher The Dow went through a 6-day slump last week. But we're only seeing a measly 1.6% dip this December overall, and I'm still seeing plenty of buying opportunities. One of those opportunities lies in FedEx (FDX). I've been watching FDX's chart like a hawk, and I've already rang the register once in the past week. Case in point… After it dropped below 21.00 a few weeks back, I moved into the FDX calls for a bounce in The War Room. The stock popped, and last Wednesday I closed for a modest winner. But I'm not done with FDX yet. I still love its chart pattern going forward and I believe we could be in for another big move. As you'll see in the chart above, FDX is teetering around a key support level, so there's potential for another move up. Also, with the holiday shopping season in full swing, there's a catalyst to possibly send shares higher. It's why FDX is one of my top watchlist stocks this week. |
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