Monday, December 16, 2024

Why I Love Fed Ex’s Current Chart Setup

Trade of the Day Wake-Up Watchlist

"FDX is hitting a key support level and I'm reloading for a potential bounce."

Bryan Bottarelli, Head Trade Tactician, Monument Traders Alliance

Bryan Bottarelli

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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Action Plan: I'm getting positioned for a possible DOW/FDX bounce this week.

It's just one of the many trades I'm making in The War Room.

And if you want to see a live demo of how these trades work – we have a special FREE demo going on in MTA Live today.

We recently delivered a massive 200% gain on FDX in two months after the gap.

And today – we're doing another FREE live demo of this Gift Gap strategy at 2 p.m. in MTA Live.

Click here to join the event at 2 p.m. EST today.

Could This Pattern Signal Your Next Big Trade?

Over 30 stocks are forming the Triple Bull Sequence - the same pattern that's historically predicted gains up to 718%. Click for urgent details.

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