FDXD trade ideas
It Make Sense Buying Into A Rising Stock - A Case Of FEDEXArguably one of the best performing stocks after the outbreak of Coronavirus. Just made some corrections and heading towards the bearish order candle. A new 52 week high with a low PE ratio indicate a high potential for this stock.
N.B
- Let emotions and sentiments work for you
-ALWAYS Use Proper Risk Management In Your Trades
$FDX with a Bullish outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $FDX after a positive under reaction following its earnings release placing the stock in drift A
If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
FedEx (FDX) Soars 6.1%: Is Further Upside Left in the Stock?FedEx (FDX) shares rallied 6.1% in the last trading session to close at $279.58. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 3.1% gain over the past four weeks. We are waiting for a long term $340.00 and $400.00 per share.
FDX forming a cup patternThis is going to be a relatively risky trade as the only justification for this trade is the forecast on the formation of the cup pattern. What's supporting this pattern is the strengthening of momentum on Daily. The MACD histogram on Weekly is still weak, but also strengthening.
Hence, there's only going to be 1 target for this trade i.e $300
Disclaimer: I'm not giving any trading and investing advice. I'm just sharing my chart observations.
If you have any symbols that you'd like me to analyze, feel free to drop me a comment.
Thanks!
SELL Fedex short termFedex in the short term, is in a lateralization of the price. It is the ideal setting for short-term operations.
I'm going to show you my new operation.
Fedex had a false break to the upside of the side channel, and is likely to want to retest the low level of the channel.
I am showing you a sale with risk / reward 2.
Fedex will present results this Thursday, so there will be a lot of volatility. I think the operation will be finished this week.
This is just my thought on what the price will do. Do your own research.
Fedex Daily chart Double bottom? Coming from an employee of Fedex i decided to analyze the chart and it looks like a double bottom is forming. If it plays out i see this running up to prior highs. The past few weeks we have seen high volume at Fedex in Los Angeles CA. Not sure if people are shopping online more or less but we are still seeing high volume in packages. volume has gone down since peak season obviously but the volume is still there. There are days where we do see alot of packages and we are still hiring.
FDX over 265.45Following earnings in December this began a downtrend and has been mostly consolidating since. In this inverted head and shoulders pattern it is making higher lows and with today's price action has based over a major 78.6% fib line, with VPOC support underneath. A move over recent highs could get this moving nicely.