3 Trade Setups with at least 1:4 risk-reward:
1) FedEx ($FDX)
Position: Short
Reasoning: At rising channel resistance with a big gap to be potentially filled and a daily bearish RSI divergence
Entry: Current price at $299.84 (but before $296)
Stop-loss: 1 or 2 confirmed daily close above $302 (max loss = -0.75%)
Take profit: $256.7 (profit potential = +14.64%)
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Now, back to the Trade Setups!