With $FedEx (FDX.US)$, I have prepared a position to enter t...

With $FedEx (FDX.US)$, I have prepared a position to enter the market, and the current price has gradually come to near my first entry position, 253. This position is the high point left by the heavy volume increase at the end of September last year. It broke through in October and did not break through multiple tests from the end of October to mid-November after the breakthrough. Also after the break in January this year, attempts to break through in mid-to-late January were also unsuccessful. However, after the breakthrough in February, it did not fall back completely. If you look at this position from the perspective of the time frame, from January to June 2018, I have been trying to break through but failed to break through. So if the price returns to this vicinity, I personally think that the supporting effect is relatively strong, and a wave of rebound is likely to occur. If it falls below 253, then the last support level below is near 233. The first short-term potential profit above is near 275. This position is the 50-day moving average on the daily line and the 50-week moving average on the weekly line. It is also an important support level from the end of March to the end of April, so the price comes near this. If there is a high probability, there will be some signs of stagflation, if you can break through, then look at 300.