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FedEx Stock Is Flying

Shares of transport giant FedEx (FDX) are in full breakout mode on Monday. The stock is up over 3% as it extends the rally off last week's low. FedEx is working on a four-day winning streak and is breaking above a significant overhead trendline.

FedEx bulls should be very encouraged by this powerful breakout move.

Back on Sept. 21, FedEx exploded to the upside following its first-quarter earnings report. The stock...