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FedEx is down about 22 in todays session after pre-announcing Q2 2023 guidance to come in at about half of what they expected it to be in June now theyre looking at about 2.65 cents per share and about 23 and a half billion dollars in revenue for that fiscal quarter the CEO also came out and made some big headlines he believes the international economy is coming into a recession and the United States will not be spared at all if you look at some other competitors within this space UPS Amazon and even International Paper theyre all down on todays session based off that news all right as you can see I have a FedEx chart up here we have a three year weekly chart and a volume profile on the right hand side that volume profile is just going to show us the amount of stock or the volume of stock that is traded at a particular price point I have it highlighted here in yellow that 158 level shows the highest volume and a point of contention this could be an area of support to be able to lo
