FDX trade ideas
FedEx: FDX looking bearish Long putsim longing punts (puts) for a day or 2 on $fdx. ill post detailed trade plan analysis after my targets are hit..
They're already posted on my stocktwits room and my facebook page, the fans saw it first.
fdx was great shortplayed calls and puts after resistance cashed in looks like could continue down taking rest day off. Made enough off fb and this.
FDX | 1HR | Read for buying calls Bullish trend established.
Added Fibonacci levels to show you resistances
The 100ma purple and 200ma red are swoooping down from the sky to slap the price down so there will be pullback before a break trough
Happy trading
FedEx Director buys 1750 shares!!Check out my analysis on this chart via YouTube at Dumb Money Trader.
Anytime an insider buys or sells, it's worth noting. I'll be keeping my eye on this one.
www.dumbmoneytrader.com
Fedex updateContinuing to short this stock. Now as we are in risk off and break is confirmed, target 61.8% support Fibonacci before potential pullback.
Good Luck!
BUY FDX longnear all time lows from falling from all time high of $270
should retrace from $140 to at least $170 or $180 by end of year
FDX/USDfedex long price has reached near all time low from all time highs at $270
price is expected to reach $170 to $180 by end of year
FDX Put SpreadShorting FDX after earnings was poorly received. Guidance issues for investors.
$147/140 Put Spread 7 point spread
Cost was $2.53 Target is $2.24/$4.77 at exit.
Max loss is $1.90 to take loss in week before position expiry if I am completely wrong about my position.
S/R Breakdown.
FEDEX - no moreDown we go
Broke down to 52 week lows.
China -US trade slowing down the global trading volume and the low margin player FEDEX is entering negative cash flow territory with EPS going down and Forward guidance being lowered in the earning conference call.
$FDX sitting next to 8/28 lowsmaybe one to watch for a short been festering around multi-month lows after disappointing ER
