$FDX Looks Like 3 Weeks TightIf $FDX closed around this area, we have 5 hours left in the day, so we'll see. This could be a nice set-up going into next week. All TBD.
FDX trade ideas
Cup and HandlePossible pull back.
FDX appears to be in a small rising wedge. Price recently pierced the top bollinger band set on an 80 moving average which is a bullish signal but price was drawn back inside the bands, which is where price likes to live.
No recommendation
This may or may not fall any further. If so I am guessing it wont be a long painful pull back, but just guessing because no way to know and market has been on the funky side as of late.
Today's candle is a red doji, similar to a spinning top right now, but that can change by the end of the day. The doji and spinning top represent indecision, the spinning top has a small body whereas a doji little or no body in the candle. A few minutes ago the candle was a spinning top but has morphed in to a doji within 15 minutes and could change by close. The red doji is over yesterdays green candle, and it looks like todays open was higher than the close yesterday. The open is at the top of a red candle. There appears to be a bit of a battle above the handle right now. The doji is hovering over yesterday's green candle.
The green candle has an open at the bottom and the close at the top. Both red and green candles have the top wick as the high and the bottom tail as the low.
The 3 outside down candle pattern, also above the handle and a few weeks ago, starts with a green candle in an uptrend. It is followed by a red engulfing candle (this candle opens higher and closes lower than the green candle and engulfs the green body of the 1st candle). The last candle has a lower close than the previous 2 candles. It is 3 candle pattern and is considered bearish.
$FDX GOLDEN POCKET PLAY BUUUULLLISH$FDX looks to continue its bullish up trend. Its currently retraced to an important fib level in the golden pocket range. $FDX is $7.81 or 2.52% away from ATHs. If you drop down to a lower time frame you will see that price is creating a bullish flag pattern inside that golden pocket. I don't like the positioning or postures on the stochastics but on the larger time frame they are showing more bullish postures.
$FDX - PLAYING THE BREAKOUTNYSE:FDX
LOOKING FOR A BREAK ABOVE 305.50 WITH INCREASING VOLUME. $FDX HAS HIT THIS KEY LEVEL 3 TIMES (TWICE IN THE PAST 48 HOURS).
I WILL BE BUYING A 310 CALL IF I GET THE LOOK WITH THE VOLUME. IF ANOTHER REJECTION HAPPENS, I WILL DO NOTHING UNTIL A CONFIRMED REVERSAL.
SIMPLE PLAY, SHOULD BE EASY MONEY.
***JUST A THOUGHT, JUST A TRADE IDEA****
GOOD LUCK,
FDX free money - Love FedEx call and love more when time for put
-want say free money filled the gap and keep going down
- First target $274 - $265 - $240
GOOD LUCK
FDX ShortTrendline Break + revisit
Two Supply Zones (Level on top of level)
Entry 288
Stop 308
Target 240
I am not a PRO trader. I trade option to test my trading plan with small cost.
The max Risk of each plan is less than 1% of my account.
If you like this idea, please use SIM/Demo account to try it.
Cup and HandleSupport at handle low (HL) and MC (MID CUP)
Not a recommendation.
Looks like it may come down a bit.
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
$FDX Fedex will deliver $$$ above $280
Alerts et for break above the 2018 Pivot Point for potential long entry.
Fibonacci Golden Pocket at $280 must be cleared where we also
have a volume node as resistance.
Above 280 and its back to the ATH while the market remains strong.
FEDEX stockI am currently in on a call with fed ex. Expiration date 4/17/21. I love gaps. in this case the gap is against my thought process. Once the gap is filled as you see it is currently happenning on the 1 hour. the trend hopefully bounces back into a nice uptrend
$FDX with a Bullish outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $FDX after a positive under reaction following its earnings release placing the stock in drift A
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FedEx (FDX) Soars 6.1%: Is Further Upside Left in the Stock?FedEx (FDX) shares rallied 6.1% in the last trading session to close at $279.58. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 3.1% gain over the past four weeks. We are waiting for a long term $340.00 and $400.00 per share.
