FDXD trade ideas
$FDX Bull Pennat + Bull Divbull div + bull pennant, reversal signs are here, lets wait and see we bull can show up for a clean move.
FDX channel Quick analysis. If the market in general stays normal, there is a real possibility that FDX stays in the channel. Remember to always wait for confirmation of a bounce!
Sell FDXDaily dark cloud cover
Stoch looking to be flatline
MACD showing divergence
Chikou span showing lower high, quasi double topish formation... look left!
S/L 227.94
T/P 210.96 used gap to fill on hourly for better R/R, strong structure(support) at these price actions levels also
R/R 1.75
Profit Trading
FEDEX Trapped Logistics is one of the sectors that RT favors. However with oil prices making new highs, FEDEX's prices are suppressed within this channel.
Long term trend is still up and prices have been hovering around 239 and 240 region.
Just waiting for 2 scenarios to play out at the moment.
1. Break below the trendline to test the 220 region
2. Break above 252 to start a new uptrend.
Reflection: Effectively carrying out a well thought out plan equals to making money eventually:)
$FDX may try to break above 20 SMA on 9/21/2018May form 3 white soldiers - past two days saw pretty sharp rise.
sell at supply take profit at demandi think fdx will try to reach 254.00 and drop from there to about 244.
given the weekly trend is down and jun 19 when earnings came it dropped and retraced to supply and dropped
Fed Ex at SupportThis stock is certainly on sale right now. Time to buy!
Share your opinion, comments and questions. Good Luck!
I will keep updating this post.
FEDEX shares Buy IdeaFEDEX shares Buy Idea @Weekly Demand Zone (222.41 - 214.36)
Buy Limit: 223.76
Stop Loss: 212.32
Take Profit: 245.23
$FDX - LongPrice action is a bit too choppy to get excited over, but I think the 223% upside has potential before possible breakdown.
Fed Ex Buy If Close Above High On High VolumeI have an order just above the high, will be looking at the volume especially!
FDX TrianglePlaying Trading Simulator Game:
Long term triangle.
Earnings in 11 days.
Could a close above 258 take us to 274?
$FDX FedEx Long Term Ascending Triangle$FDX FedEx Long Term Ascending Triangle - watch for move back to and break through 255.50 resistance.
