FEDEX AT MY LEVEL DEC17 2024Last post about FEDEX when it was trading around 284 was to wait for 275s. Here we are at 275 &expect to hit all time high or at least 315 asap.
I don't trade news so I am not worried about earnings.
I am a price action trader.
Trade safely as per you RR & risk tolerance levels.
Fdxlong
FedEx Stock Soars on Strong Results, Potential SpinoffFedEx's (FDX) fiscal Q4 results exceeded analyst expectations, propelling its stock towards a potential all-time high. This momentum is driven by several key factors:
Margin Expansion via DRIVE Program: Despite tepid revenue growth, FedEx's DRIVE program delivered significant cost reductions, leading to margin improvement across segments.
Cautiously Optimistic Guidance: The company forecasts low-to-mid single-digit revenue growth for fiscal 2025, accompanied by continued margin expansion. This cautious optimism reflects strategic initiatives aimed at maximizing profitability.
Analyst Revisions and Price Target Increases: The success of the DRIVE program and FedEx's shift toward profitable growth have garnered positive analyst revisions, including price target increases.
Potential Spinoff of FedEx Freight: The company's ongoing evaluation of FedEx Freight's role within its portfolio has sparked speculation about a potential spinoff. This scenario has the potential to unlock significant shareholder value.
Looking forward, FedEx's fiscal 2025 outlook remains optimistic. The company projects low-to-mid single-digit revenue growth and adjusted EPS of $20.00-$22.00. Furthermore, FedEx plans to repurchase $2.5 billion in stock and achieve its $4 billion cost-cutting target through the DRIVE program.
In conclusion, FedEx's strategic focus on operational efficiency, the success of the DRIVE program, and the potential for a FedEx Freight spinoff combine to create a compelling investment opportunity. This confluence of factors positions FDX for a strong year with the potential to reach new highs.
Buying FedEx at previous resistance.FedEx Corporation - 30d expiry - We look to Buy at 232.11 (stop at 224.61)
Daily signals are bullish.
Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end.
A lower correction is expected.
Bespoke support is located at 232.
This stock has seen good sales growth.
Our profit targets will be 250.11 and 253.11
Resistance: 250.08 / 255.00 / 260.00
Support: 245.09 / 238.00 / 232.00
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Buying FedEx at psychological support.FedEx Corporation - 30d expiry - We look to Buy at 200.11 (stop at 190.48)
Daily signals are bullish.
Levels below 200 continue to attract buyers.
Trading close to the psychological 200 level.
Bespoke support is located at 200.
We look to buy dips.
A higher correction is expected. Trading has been mixed and volatile.
This stock has seen good sales growth.
Our profit targets will be 224.22 and 228.22
Resistance: 227.26 / 240.00 / 249.00
Support: 215.00 / 206.00 / 200.00
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
FedEx looking for a psychological support.FedEx Corporation - 30d expiry - We look to Buy at 199.22 (stop at 188.73)
Traded to the highest level in 22 weeks.
Trading close to the psychological 200 level.
Levels below 200 continue to attract buyers.
We are trading at overbought extremes.
A lower correction is expected.
The sequence for trading is higher highs and lows.
Our profit targets will be 225.48 and 229.48
Resistance: 217.39 / 225.00 / 230.00
Support: 209.19 / 200.00 / 192.81
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
7/4/22 FDXFedEx 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
#FDX $FDX looking to break out upwards strong trend from DecFDX has shown a solid pattern on the uptrend for the last month or so, and is currently within reach of ATH. Shipping is getting more expensive, and FDX is in the process of a share buyback program. I can see this going to 285 or so, top of 300.
NFA
FedEx (FDX) bearish scenarioThe technical figure Triangle can be found in US company FedEx Corporation (FDX) at daily chart. FedEx Corporation, formerly Federal Express Corporation and later FDX Corporation, is an American multinational shipping & delivery services and supply chain management company headquartered in Memphis, Tennessee. The Triangle has broken through the support line on 28/07/2021, if the price holds below this level you can have a possible bearish price movement with a forecast for the next 9 days towards 274.60 USD. Your stop loss order according to experts should be placed at 301.95 USD if you decide to enter this position.
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FDX - on the move!-Wolfe wave triggered today (daily)
-Daily TTM Squeeze Scanning (avg squeeze time is 6
and we're on 7. It's bound to fire soon.
-Breakout level is 300 and we broke it today
and got rejected at 50DAY SMA.
-We have a 1hr demand zone around 296 - 297.90
would love for it to come down that area
to enter long.
Contract Suggestion:
7/16 302.50C @ 1.75
7/16 305.00C @ 1.06
7/23 310.00C @ 1.40
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 !!
FDX approaching support, potential for a bounce!
FDX is expected to drop to 1st support at 169.76 where it could potentially react off and up to 1st resistance at 159.20.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
FDX approaching resistance, potential drop! FDX is approaching our first resistance at 183.51 (horizontal pullback resistance, 100% Fibonacci extension, 23.6%, 38.2% Fibonacci retracement) where a strong drop might occur below this level to our first support level at 155.48 (horizontal swing low support).
Stochastic (21,5,3) is also approaching resistance where we might see a corresponding drop in price.