Brian Fletcher, one of our TPA Analysts, published an article outlining our expectations for FedEx Corporation with an entry in the $215 - $221 region and a move up to $353.
Here is an excerpt from his article and the chart for FDX:
"In simple terms, we are looking for an entry into FDX in the $215 - $221 region for a move up to $353 during the Miner degree wave 5. That’s 64% of upside during a period we expect a 28% increase in the S&P 500, and one we expect will take no more than 6 – 12 months to realize as both FDX and the S&P conclude their Intermediate Degree wave (3)."
Read Brian's complete article at Investing.com and let us know what you think.
