NYSE:FDX Possible Scenario: SHORT Evidence: H&S, Price Action TP1: 198$ we are in a bear market, and it formed H&S in weekly and monthly charts, so it is very reliable. PUTs for the next 60 days will print. it's in the oversold territory now, so a rally based on technical is very possible, I'll open a position with 30% of allocation and I'm ready for averaging...
FDX oversold and overdone. I would be looking to buy at long term support of $151.50 for a bounce back to $175. Why is anyone surprised by the ER and guidance withdrawn lol
Fedex is feeling the pinch of a global slowdown, as other companies have been warning. The companies says online shopping is down as consumers rather spend their time traveling and going to concerts with their disposable dollars.
Weakened business outlook, operational inefficiencies, and worsened macroeconomic environment are among the reasons for the selloff of the delivery giant. Although FedEx is the world's largest cargo airline and a major provider of parcel delivery services the near-term future is fulfilled with uncertainties New shorts are coming and a test to the major support...
Hello, I have explained many things about the recession in my idea about the world crisis of 2023. And other articles such as the OIL SHORT, or THE BITCOIN CRASH (I will leave all these ideas linked.) But here I want to delve deeper into supply chains. I'm here again to show you a SHORT idea against FedEx , that company that is in the middle of all the orders in...
FDX $FDX Continuation Long. TP and SL on chart. Move SL on TP. After TP2, trail with 0.5ATR step and 1.5ATR offset.
FedEx Corporation ( NYSE:FDX ) Sector: Transportation (Air Freight/Couriers) Market Capitalization: $57.955B Current Price: $223.61 Breakout price: $231.00 Buy Zone (Top/Bottom Range): $219.70-$198.80 Price Target: $270.00-$276.80 Estimated Duration to Target: 266-278d Contract of Interest: $FDX 1/20/23 220c Trade price as of publish date: $27.06/contract
Cup and handle basing pattern. Huge institutional buying on handle breakout. Leader the past 5 days during general market panic sell. Risk: 80 bps Profit Protection: 3-Day Trailing Stop Rule (Peter Brandt) You don't need to know what's going to happen next to make money ~Mark Douglas Anything can happen ~Mark Douglas
FDX has seen some powerful moves lately. It has the opportunity to cross over on MAs and be super bullish.
Fedex NYSE:FDX is the latest stock on my radar to do a 50% Retracement from the COVID low to All Time High at 204.30. This morning there was a price volatility spike on the 30 minute timeframe (see below) to trigger attention to the setup. I am going to give it a wide berth to play the weekly level but start the position on today's down day.
FedEx (FDX) quarterly earnings of $4.59 per share VS Zacks Consensus Estimate of $4.69 per share. Revenues of $23.64 billion, surpassing the Zacks Consensus Estimate by 0.30%. My buy area is around the $180 support. Looking forward to read your opinion about it.
FedEx is scheduled to report its fiscal Q3 2022 results on Thursday, March 17. Revenues and EPS are expected to be above the consensus estimates. With an average target price of $308.42, FedEx seems like a good opportunity today for long-term investors. The first resistance is located at $238. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of...
Head & Shoulders $FDX on the weekly - H&S formation on the weekly - Bear flag
After potentially retesting 227, I see FEDEX approaching the bottom of this wedge (and a soft channel), and falling through - causing the price to reach 190/ 185 by the end of March or early April.
Overall market weakness and real life events such as trucker protests and more can lead to downside trade set ups. In this case, despite $UPS's strong earnings, most of that move has been given back. With sentiment shifting towards energy, banks and other defensive stocks. Money is coming out of these, otherwise fundamentally strong, businesses. $FDX has a...
FDX weekly - is the shaded box "higher lows" and thus preparing for a rally to ATHs ? Or is the shaded box a Bear flag with a break down imminent. Time will tell ... Looks oddly similar to APR-MAY 2019 price action My bias is to the downside but will wait for confirmation - no trade for me ... yet
Looking to BUY a wave C of a major ABC in a bearish tendency. HIGH RISH