Loading ...Maybe Christmas Will Come Early
I posted on June 24th a piece about FDX and the two gaps in it’s chart. (see below) I explained that the one at 200 would be filled, which it was earlier this month, but that it would take a big market selloff to fill the one near 140. Well, I just saw they removed forward guidance and the stock is getting hit after hours. I may soon get my wish if that gap gets filled. If I am correct about an early October crash, FDX should get to 140, maybe even a bit lower.
I thought the crash projections were last week in September?
This was from Tuesday’s post about a crash. “As I have pointed out previously, stock market crashes(as rare as they actually are) tend to occur after falling for six weeks from a market top. Of course the August top wasn’t an all time high but the top of the summer rally. If we are going to crash in early October”