Todd Barkelar
Apr 02, 2024 08:06 PM 0 Answers
Member Since Feb 2024
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Hi Marty,

Any thoughts on $FDX? On March 21st they reported earnings with the stock going over $300  in AH. Now cut their 10 MA and are losing their gap from earnings. Time to cut?

Yes! When the relative strength line trades below its moving averages it is time to start selling some stock. We do not need to sell all of our stock if we want to try and hold for the long term. But, we should sell at least 1/3 of our stock in this situation.

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