While we’re all getting stuffed this Thanksgiving, let’s take a look at $FDX while the calories find new homes in our thighs and asses. Kidding, kidding, I’m sure all of you have eaten responsibly.

But, Fedex looks to be in a 5-wave decline that is incomplete. It should make one more low.

The fibs are quite excellent, and I have noted the target for Orange 5:

Note: When articles are first posted, most of them are made available only to my Patreon supporters (I do try to publish some public posts on occasion). Over time (usually after a period of a few weeks or so), I make all of the work public. To gain access to my work when it is produced, please consider becoming a patron. More information may be found on my About page and on my Patreon page. In a nutshell, patrons of any denomination (you get to pick the amount) will be able to read my weekend analyses, Tier 1 members ($20/mo.) get access to all of the articles I write, and Tier 2 members ($35/mo.) get access to those, plus counts on other instruments and my Discord chatroom.