Zacks--Jun 21, 2011 (SmarTrend(R) News Watch via COMTEX) -- FedEx (NYSE:FDX - Analyst Report) is one of the closest Air Freight & Logistics stocks near its 52-week high. It is now trading at 89% of its 52-week high of $98.52. The stock has risen 25% from its 52-week low. These levels are important to watch as breaking out to new highs is a very bullish signal.

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