$FDX Weekly - what is the path of least resistance ?

26 בינו׳ 2022

FDX weekly - is the shaded box "higher lows" and thus preparing for a rally to ATHs ? Or is the shaded box a Bear flag with a break down imminent.

Time will tell ... Looks oddly similar to APR-MAY 2019 price action

My bias is to the downside but will wait for confirmation - no trade for me ... yet