FDX Trade on Jul 23, 2020 11:38 from spyrosz: Tradervue User Stock Trades.

Showing relative strength vs the market, pressing again!! against major resistance level R1=$167. Above R1, open road to R2=$170-171 area and gap-fill on daily.

Setup was looking really good, esp. on the 15min chart, but once again completely out of play with RVOL < 0.5! That was the only troubling thing here.

Rallied to R1=$167, pullback to VWAP and ascending 9EMA@15min chart that held support.
Great Indy-long pattern.
Hard bounce and break above R1.

Consolidated above R1=$167 for about 60mins!! w/o breaking lower. A bit extended on the longer timeframes but worth a try.

Got long filler, risking below the rising 9EMA@15min chart, expecting for the m. average to catch up and push it towards $168-169.

However, overall market weakness + very low RVOL didn't help that trade.
FDX rolled over and I got stopped out.

However, held $165 support like a champ and closed really well for such a day...
Break-out is getting closer and closer. Main watch for tomorrow...