The commentary for 6-2-2014 stated: “We could see a pullback from the new 52-week high to be 141 price level over the next week or so.”
Last week FedEx reached the 141 price level and closed at 140.27 for the week.
The possibility exists for FedEx to travel a bit lower this week to 138 price level. We may experience some sideways movement between the price levels of 137 and 141.
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