FedEx (FDX) shares are moving higher after Jefferies upgraded the stock to a Buy with a price target of $275, citing idiosyncratic cost transformations that could lead to continued EPS growth in FY26 and FY27. Charles Schwab's Rachel Dashiell takes a closer look at the technicals behind the stock, highlighting the $232 to $242 resistance gap zone and the potential for a bullish RSI divergence.