Fedex one more run, sure let's rideAlright drill starts here again Monthly in Red, Weekly in Blue and Short term in Pink
Ok so we are in ABC pattern in short term and that leads us to a touch of 23% monthly target and also 100% extension short term. Honestly I am looking at mid range between 50% and 61.8% weekly target, it all depends upon the risk you can take. Weekly 23% can be a stop loss , we are exactly at 38% weekly. Remember this is my opinion and not any kind of advise. I learned hard way and I am presenting things as simple as possible. I am ready to learn from you if it can be simpler than this. Good luck.
Fedex
FedEx Corporation (FDX) bullish figureThe technical figure Triangle can be found in the US company FedEx Corporation (FDX) at daily chart. FedEx Corporation is an American multinational conglomerate holding company focused on transportation, e-commerce and services. The Triangle has broken through the resistance line on 18/12/2021, if the price holds above this level you can have a possible bullish price movement with a forecast for the next 7 days towards 275.00 USD. Your stop loss order according to experts should be placed at 238.42 USD if you decide to enter this position.
Also, FDX is a good idea for investors looking for total return with a dividend kicker as a long-term investment.
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 sitting on MA200 support Fedex reached ATH on May 27 and since then it has been sidetracking and recently gapped down on Jul 27 (2 months later) and now sitting on the MA200 support.
Is this a good sign ?
My analysis is that, the bull run is probably for the time being and fedex could be going sideways for a while and might even break the MA200 support.
Chance of it breaking is QUITE HIGH
Looking at the Dow Jones Transportation, the sector seems to be underperforming compared to the SPX and Dow indices. Please look at my previous post on UPS and DJT.
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.
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.
It Make Sense Buying Into A Rising Stock - A Case Of FEDEXArguably one of the best performing stocks after the outbreak of Coronavirus. Just made some corrections and heading towards the bearish order candle. A new 52 week high with a low PE ratio indicate a high potential for this stock.
N.B
- Let emotions and sentiments work for you
-ALWAYS Use Proper Risk Management In Your Trades
SELL Fedex short termFedex in the short term, is in a lateralization of the price. It is the ideal setting for short-term operations.
I'm going to show you my new operation.
Fedex had a false break to the upside of the side channel, and is likely to want to retest the low level of the channel.
I am showing you a sale with risk / reward 2.
Fedex will present results this Thursday, so there will be a lot of volatility. I think the operation will be finished this week.
This is just my thought on what the price will do. Do your own research.
FDX - Hovering near key area of support/resistanceFedEx NYSE:FDX is hovering near a resistance area which it had previously broke prior to the start of the new year. However, in recent weeks, FDX has since fallen below that key level and appears to be retesting it. Just a few days ago, it tested the $255 area but failed to break through it. It appears that FedEx is trying to push past this area again. We will keep our eyes on it as time progresses. Fed EX is currently trading 16% below it's recent highs.
REMEMBER: Reference to specific securities should not be construed as a recommendation to buy, sell or hold that security. Specific securities are mentioned for educational and informational purposes only. YouCanTrade is an online media publication service which provides investment educational content, ideas and demonstrations, and does not provide investment or trading advice, research or recommendations.
But it is in a great buying opportunity range under 260.00 There was a long red wick on the weekly chart on the ninth of November,
meaning a future down trend, at least in my opinion it does,
Plus it broke my white support line.
So it’s going under 262.00 to 258.40 or maybe 255,
But it’s in a great buying opportunity range under 260.00.
Happy Holidays, and safe trading everyone.
FedEx Stock Lost From No Vision, But Robust Q2 Earnings ShineU.S. delivery firm FedEx released their Q2 2021 earning report showing total revenue of $20.6 billion which is up 19% year-over-year.
FedEx (FDX Stock) said quarterly profit almost doubled after rate hikes and spiking volume helped lower the cost of delivering pandemic-fueled e-commerce purchases to residential addresses.
FedEx had an operating margin of 7.1% with a net income of $1.23 billion. That represents a net income jump of 119% year-over-year.
FedEx stated that freight supporting ground and express during peak time achieved the best second-quarter operating margin since 2006.
In this video are my thoughts on FedEx and what is most likely to happen with support and resistance price points.
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 !!