$FDX
Added 2022-12-21 14:13:03 +0000 UTCOddly enough, we have the same situation with $FDX as we have with $NIO, it looks to have completed an ABC corrective move down and bounced at the start of October...but we can see there is only 3 waves down in that Wave C, so this is not a complete structure, so now it bounced but went into a bear channel and it's possible that this is Wave 4 and Wave 5 down will need to be complete next.
Again, I would like to be wrong here but it's possible that it will bounce today after a good earnings but will still come down....if a new low comes in, this is a good buy after that.
