Get started
FedEx CorporationFedEx CorporationFedEx Corporation

FedEx Corporation

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals Options Bonds

FDX trade ideas

Example of a Doubletop pattern on FDX stockFedex corp stock price, formed a doubletop pattern. This pattern consists of the following: the price move higher and is rejected in a resistance (first Top). then it goes down and makes a minimum (neck line) and bounces back to the previous resistance making a second Top and bouncing back towards the neckline and breaking it down. To confirm this pattern, the price should close below the neckline. At this point you should make a short. The profit is the distance between the maximum price and the minimum price. In some cases you can see a pullback. This could be a second chance to short the stock.
NYSE:FDXEducation
by heco08
FedexWe have been bullish on Fedex for quite a while but now we are taking money off the table and walking away from it. The chart just does not look good. Actually I should say it does look good if you use the Ellliot waves because one can make a case since the 2009 low we do have a clear five waves up indicating somekind of top is at hand. We might chop our way higher but any gain from here should be limited. The overall transport complex appears ready to take a break. We are too.
NYSE:FDXShort
by yauger
1