Trade Setups - FMC

Money Making Opportunities

5 Trade Setups with at least 1:4 risk-reward and 2 additional attractive Setups with at least 1:3 risk-reward:

1)        FedEx ($FDX)

This name was also highlighted in last week’s Trade Setups article, but those who missed it can still enter this Trade.

Position: Short

Reasoning: Rejected at rising channel resistance with a big gap to be potentially filled and a daily bearish RSI divergence (not shown on the chart below)

Entry: Current price at $294 (but before $292)

Stop-loss: Confirmed daily close above $302 (max loss = -2.72%)

Take profit: $256.7 (profit potential = +12.93%)

The next 6 Trade Setups are only for our Founding Members. This is one of the many perks you get for being a part of the Founding Members Club. We’ve also have another surprise in the works for our Founding Members, which will be released later in July.

NOTE: Our Q3 2024 Cycle Forecasts is now available for sale on cyclesedge.com. We are covering multiple different Indexes, Sectors, Commodities, Cryptos and Leading Stocks using our proprietary Cycles Forecast. Founding Members have already been emailed ALL the Q3 2024 Cycles Forecast. This is another benefit of being a Founding Member, so consider upgrading your membership. In case any of our Founding Members have not received the full Q3 2024 Cycles Forecast set, please reach out to us via email or Substack message.