Potential Push to $300 Before Earnings Next WeekSimple idea on how FDX may move going into earnings next week.
FDX trade ideas
FDX - Elliottwave analysis - Dump and Pump set upFDX - It has completed the 3rd wave up in strong up trend and started correcting the move. The Y wave down in WXY correction as 4th wave in progress. So sell near 282-286 with stop level above 289.75 for target zone below 250. There a probability of triangle as 4th also possible. so in that case price would go up to 262 level. After completing 4th wave near 250 level, it is again turning in to bullish and go above 300 level to complete the wave 5.
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Fedex: Could this be the highHello Traders, Fedex is a nice sell because it's hitting a large volume of sell orders right now. A good candle information at the big order zone will be the trigger for the sell. I will be posting updates if necessary. Thank you.
FDX / FEDEX CORP , Buy now .. its the best opportunity !!!In the first point that i talked about : All the weight fell on the store , which made it descend quickly and surprisingly // And this is a good thing because the store was freed and now it can go back up and rise again as we see
in the second point : Thanks to my analyzes that i just made .. i want to tell you that .. after this point , it will rise by 96% and this is suitable opportunity reap your profits .
As you can see this is my first post here .. but that doesn't mean that i am not a pro !!
shipping seasons cominglong here with a stop around 259-265. target 300 by eoy. great risk reward imo leave a like if you found this helpful <3
FDX:NYSE - FEDEX CORP - 200% Run post March lows. Back at value.Fedex has had a busy year with the explosion in ecommerce and about to come into the Christmas period. Seems to be back at a value area with the RSI below 50 after a pullback. Could be worth a watch if it starts to head back up.
FDX bullish playFDX looks bullish. Just made new highs. I would be comfortable buying at the at the zone below anticipating a higher move up. Stop would be .25 under zone
FDX Moving Average(MA)NYSE:FDX
The moving average (MA) is a simple technical analysis tool that smooths out price data by creating a constantly updated average price. The average is taken over a specific period of time, like 10 days, 20 minutes, 30 weeks or any time period the trader chooses. There are advantages to using a moving average in your trading, as well as options on what type of moving average to use. Moving average strategies are also popular and can be tailored to any time frame, suiting both long-term investors and short-term traders.
Minor pullback before heading higherFDX has had a remarkable run. With upward movement it may touch the top of the Bollinger band and then pull back to the EMA clouds / fib at 274.66. Whether before or after consolidation a fair short term price target is the fib extension above. However worth noting it is oversold and may need to consolidate.
FDX - Following the TrendI decided to take a look at Fedex on the monthly chart and found this really nice parallel channel going back to 2000. A massive 213% gain since the march lows and it just took out the all time highs.
We are getting close to the top of that channel but even a pullback and bounce off of 274 would present a decent R/R ratio. That is some crazy price movement and I think Covid just factored in what the trend already was. More people will continue to shop online and get their goods delivered. I think that is a no brainer at this point (especially with Covid cases rising). As a long-term investment is this really cheap equity? I don't think so but Fedex has the infrastructure in place to continue to expand and grow as less people go to the stores. That trend is likely to continue....
Good Luck! This is not financial advice!
FedEx Shares Soar 220% in 7 Months!This year has seen a rise in home deliveries, especially during the lockdown period and FedEx
appears to be one of a number of companies benefiting from this trend.
Over the years price has been on a steady growth, and from a low of $34 in March 2009 price grew
by 700% through to January 2018 and reached a high of $274.
A decline was underway from that point, and in just 26 months the share price dropped to $88.
Things did turn around in April this year as price started an impulsive trend back to the upside,
not only breaking above last year's high and the $200 round number, but also the previous all-time high.
As long as the demand for home deliveries remains high, we may see FedEx continue to shine.
The next hurdle in the way is the $300 round number which may act as an obstacle but seeing how
quickly price has climbed lately, the $300 psychological resistance may not cause any long-term problems.
As price has created record highs this month, this stock has moved higher on our watchlist and now we
are just waiting for a high probability setup before entering a position.
See below for more information on our trading techniques.
As always, keep it simple, keep it Sublime.
Fdx still longFedEx holding strong momentum and
Support lines. One of my best core positons still going strong
FDXSetting up nicely, if it closes above red line, we should push to 280, 288 and so on. can use bottom of channel as stop
FDX short. in monthly Supply ZoneMonthly Supply Zone, Price up with huge vol.
Daily RSI divergence
The left monthly Sideway consolidation was between 220 and 260.
Short Entry 271
Stop 277
Target 250; reward:risk=3:1
Target 220; reward:risk=8:1
I am not a PRO trader. I need few months to practice trading strategies.
If you like this idea, please use SIM/Demo account to try it, until my trading plans get high winning rate.
