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
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Fedex
FDX FedEx Corporation Options Ahead Of EarningsAfter my last Price Target was Perfectly reached:
Then you should know that looking at the FDX FedEx Corporation options chain ahead of earnings , I would buy the $180 strike price Puts with
2023-6-16 expiration date for about
$6.60 premium.
If the options turn out to be profitable Before the earnings release, I would sell at least 50%.
Looking forward to read your opinion about it.
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.
FEDEX #fdx - Fedex #fdx is in a clear sell/short range now. if the market is able to continue the momentum we could see #fdx reach 205/210 level but needs alot of liquidity to break resistance. the stock clearly respects the trend lines on the chart based on its history.
likely downside levels 120 short term, 106 and lastly below 100.
its best to wait and let it play out itself for the next 2 weeks to get clarity and possibly short for a good 50% return.
FedEx: Bearish consolidation in short term?Hi everyone!
FedEx's main trend still remains bearish, but in the near term we are following an interesting technical rebound, that said, our guess is that the price action might need some consolidation on the intraday chart with a target 1 around $168.
If you think our analyzes are useful, support us with a simple "Like & Comments", thank you and trade with care! 💖
SPY Fractal: will SPY re-capture 390 after a hammer & engulfing?Pessimism is all over with analyst calling for recession & another 20% drop from 390. SPY already made an impressive recovery from June Low even touching ma200 line but then falls back to the 390 zone after high inflation data. Further rally was again delayed by FDX declaring recession & slashing guidance. Adobe also contributed to the pessimism after investors didn’t like its over-priced purchase of a competitor.
POSITIVE VIEW: UPS’s announcement did not quite agree with FDX so maybe FDX is just losing its logistics business to UPS & AMZN. Market may have over-reacted. If after today, FED raises by 75 basis points which was already priced in, SPY may continue to bounce especially now that it already made a hammer & a bullish engulfing candle in the last 2 days. Maybe SPY will initially tank to make a bigger bulltrap before rising above 390 again. This will confirm the ongoing bullish divergences & a rally
may follow soon. SPY now at the crossroad of my dotted 0.786 Fib Channel line & the pandemic trendline.
Also, price action is somewhat similar to the fractal in the chart which ends bullish.
NEGATIVE SIDE: End of September is historically bearish before a rally in the 4Q.
BUT this time it may be different.
Not trading advice
FEDEX - BEARISH SCENARIOWeakened business outlook, operational inefficiencies, and worsened macroeconomic environment are among the reasons for the selloff of the delivery giant.
Although FedEx is the world's largest cargo airline and a major provider of parcel delivery services the near-term future is fulfilled with uncertainties
New shorts are coming and a test to the major support level of $178-$180.
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
FEDEX SHORT (FDX SHORT) :(Hello,
I have explained many things about the recession in my idea about the world crisis of 2023. And other articles such as the OIL SHORT, or THE BITCOIN CRASH (I will leave all these ideas linked.)
But here I want to delve deeper into supply chains.
I'm here again to show you a SHORT idea against FedEx , that company that is in the middle of all the orders in the world. What would we do without transportation chains?
They are always in the middle of "customers", "retailers", manufacturers" and "suppliers". Transport chains like FedEx are very necessary, since without them the orders could not be transported.
Now the words: "customers", "retailers", manufacturers" and "suppliers". Sounds me as a special effect, THE BULLWHIP EFFECT.
You know, the BULLWHIP EFFECT, as the name suggests: "bullwhip", with a small change in the "whip", could cause devastating effects in the "whiplash".
I recommend to search on Google about the Bullwhip Effect, there are nice videos on YouTube.
The bullwhip effect in demand forecasting arises when each channel member forecasts demand based on information derived from the ordering patterns of an immediate inferior member.
It basically consists in that consumer demand does not present significant fluctuations, while inventories reveal important changes, showing a decrease or excess in stock levels. If, in the different links of the supply chain, they do not handle constant and true information on their inventories and consumer demand for their products, the bullwhip effect gains strength, generating an excess of safety stock, which, as is known, radically increases the cost. , the end product.
What are the causes of this effect?
Lack of information between suppliers and intermediate buyers.
Management without order in production orders, generating volatility in shipments.
Possible periods without demand for the goods.
Possibilities of obtaining wholesale discounts (Which generates time problems).
Inflated or strategic orders. (Taking advantage of market conditions).
Supply uncertainty. It can generate unnecessary orders.
This effect is so devastating that it is very difficult to detect it really, but it is more difficult to detect it if we are in a "SLUMPFLATION"...
I was not amused when the media said that the crisis would not yet come. OBVIOUSLY I don't want any crisis. What I don't want is for the crisis to be worse. They always make the same mistake, they hide the real data and say that the recession hasn't arrived yet. But in a few months the recession was sooner than expected.
What is in the middle of all the BULLWHIP EFFECT?
- Answer: "Transport Chains"
Actually the transport chains will also be affected, just put on some music in a dark room, close your eyes, and think about it. Don't let your money foolishly burn!
Bubble within bubble within bubble within bubble within bubble within bubble... SPLASH!
I do not have much to add. You just need to do a little research on the internet, DON'T TRUST ANYONE, NOT THE FED, NOR THE PRESIDENT, NOR THE INTERNET, NOR DO YOU TRUST ME.
You can only trust yourself and your research that you have done.
I AM NOT A FINANCIAL ADVISOR AND PLEASE SEARCH THE INFORMATION ON YOUR OWN, BEFORE MAKING ANY DECISION. YOU AND YOU ONLY ARE RESPONSIBLE FOR YOUR INVESTMENTS AND IN NO WAY WILL I BE RESPONSIBLE IF YOU USE THIS IDEA THAT I AM SHARING HERE.
Thank you very much for reading this article and not closing it like others.
Have a nice day,
Esiquiel.
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
FedEx and the Falling Wedge 📈FedEx NYSE:FDX 📦 gave the falling wedge look back in January 2022—after it failed to break-through trendline resistance.
Since then, it's been an easy stock to watch bounce around and consolidate into a more defined falling wedge, threatening to break trendline support throughout the month of April. After signaling an inverse head and shoulders coming into May, it was a reliable trade up to 225 resistance before failing victim to the three black crows —right back to trendline support on June 13. 📉
The catalyst was an announcement of a 53% raise of the quarterly dividend that sent a big gap up over 218 resistance/support through 225 to test the very top of the falling wedge trendline. Closing near the highs around 231 resistance will provide room for a breakout, however, it would be better to see a few days of consolidation above 225 before confirming the breakout—on volume—over 231.
Depending on what comes out from the Federal Reserve meeting on Wednesday, June 15 will either send this into full breakout mode or send this back toward 218 support.
Keep this one on the top of your radar.
Fedex Long off RetracementFedex NYSE:FDX is the latest stock on my radar to do a 50% Retracement from the COVID low to All Time High at 204.30. This morning there was a price volatility spike on the 30 minute timeframe (see below) to trigger attention to the setup. I am going to give it a wide berth to play the weekly level but start the position on today's down day.
FEDEX - BULLISH SCENARIOFedEx is scheduled to report its fiscal Q3 2022 results on Thursday, March 17.
Revenues and EPS are expected to be above the consensus estimates.
With an average target price of $308.42, FedEx seems like a good opportunity today for long-term investors.
The first resistance is located at $238.
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
$FDX Weekly - what is the path of least resistance ? FDX weekly - is the shaded box "higher lows" and thus preparing for a rally to ATHs ? Or is the shaded box a Bear flag with a break down imminent.
Time will tell ... Looks oddly similar to APR-MAY 2019 price action
My bias is to the downside but will wait for confirmation - no trade for me ... yet