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welcome to this quick overview discussing what this FedEx stock chart could deliver in the near future as there could be a weakening short-term bullish Advantage following another Rebound in the established downtrend the short-term uptrend line can remain influential even up until late February now in the short term it wouldnt be too unusual to see continued low activity with relatively flat movement and smaller fluctuations in price a more decisive move is likely to come closer to that late December time period if there is a break of the solid uptrend line 159 is about the lowest threshold anything lower than that then the tables turn to a more neutral to bearish long-term stance staying above the upper 150s and preferably avoiding them altogether would be the more advantageous scenario for stock price continuing to rise into the new year the first main target for an upward continuation would be to clear over 182 well before the second quarter of next year begins then it would be es
