FedEx, Continued ...

The price action on the daily chart confirms the bullish setup in FedEx. In March it broke through the downtrend line - that blue one there on the chart that has been making FDX its bitch since last summer. Last week FDX got scared when it met with the 200DMA, however, the 50DMA has curved up under the stock and should act as support. I think it's time to buy - worst case scenario is you lose 12%. See the GAMEPLAN in the post below.