4FDX trade ideas
$FDX 2020-DEC-16𝙒𝙄𝙇𝙇 𝙁𝙀𝘿𝙀𝙓 𝘿𝙀𝙇𝙄𝙑𝙀𝙍 𝙏𝙃𝙀 𝙀𝘼𝙍𝙉𝙄𝙉𝙂𝙎 𝙀𝙑𝙀𝙍𝙔𝙊𝙉𝙀 𝙒𝘼𝙉𝙏𝙎?
Price has slightly dipped below the channel but not in any tangible way. The volume has been quite flat; and the RSI is dropping off - but if the next cycle of earnings are strong there is lots of opportunity on this chart.
How to trade FDX puts and win with minimal riskBack test of how to scalp PUTS on Stocks Options.
Hope this videos gives you insight to finding optimum entries with targets and stop losses. Risk Management is Key to your success.
Plan the trade, trade the plan. Trade safe and don't be greedy. ~In Nexus We Trust
FDX BULLISHFDX is forming the ascending triangle. The good news on vaccine delivery and earnings this week could take this price higher. I plan to play to the upside if it breaks 294 tg1 300 tg2 306.
$FDX Vaccine transporter and earnings catalyst LONGGGFEDX
Fedex should be on your watchlist for next week.
Up coming thursday is earnings, the earnings are promising and FDX
will deliver the first wave of vaccine. Big catalyst to based volume on.
Daily chart has shown that FDX respect the fib very well.
The .382 fib is important but we could still see it touching
the .50 fib.
Levels to watch are : .618 and .500 fib for support, .236 will be the
buy signal if it holds on the 5 min chart.
Waiting for MACD to show green
Pre market will tell us...
Target 305.2 and above
FDX holiday and gift season is coming...Any thought on FDX?
Holiday season is coming...
Everybody needs FDX santa deliver the gift...
Will it make the price higher?
$FDX - Calls Above 297 I've noticed FDX has been accumulating towards 297. I plan on taking some calls if it shows a willingness to close above the 297. This hopefully aligns with the holiday season and increased lockdowns. My target would be approximately 309
FDX earnings 12/17 at 4pmFedEx earnings is on 12/17 at 4pm. Price action range is $290 low - $310 mid- $330 high. I’m expecting an earnings surprise, leaning to the high estimate closer to $320-330. A 12/24 $300-320 call debit spread closed at $6.68 ($668) today. That’s a 1:3 risk to reward ratio.
Earnings Whisper $4.74
Consensus: $3.82
Revenue: $19.24 Billion
*3x lucky 7s of trading*
7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
Earnings
Balance sheet
7 Common mistakes:
+5% portfolio trades, risk management
Beware of analysts motives
Emotions & Opinions
FOMO : bad timing
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors
7 Important tools:
Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big organized desk
Reading books, playing chess
Sorted watch-list
Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
www.tradingview.com
FDX - December 5, 2020FedEx reports earnings on December 17th, looking for an entry on dip and break of all time highs in the coming weeks.
FDX hourlyLooks like accumulation. Getting tighter and tighter, marked by the arrows. Will see how it resolves.
FDX Possible Opportunity for longThere is possible position to buy FDX if the resistance's breakout occurs.
$FDX Breakout Imminent - Bullish Options ActivityFedEx nearing a breakout. Monitor for a close above ~$293.50.
Bullish unusual options activity:
$1.2M of 12/4 OTM calls traded yesterday
Strikes ranging from $290-$305
Also ShopRunner acquisition news today might be the catalyst needed to break through the $300 level.
Target: $340-$350 range possible by early January
*Keep in mind there's an earnings release scheduled for mid-December*
Note: This is NOT investment advice.
$FDX #Breakout SetupFrom the Covid-19 low, Fedex had a massive 230% rally. It pulled back a mere 13% and is now back testing its ATHs. The bottom line, big funds are not selling yet. Which means the stock is probably ready to start sprinting higher again after its short few days resting.
