FDX trade ideas
FDX earnings 12/17 at 4pmFedEx earnings is on 12/17 at 4pm. Price action range is $290 low - $310 mid- $330 high. I’m expecting an earnings surprise, leaning to the high estimate closer to $320-330. A 12/24 $300-320 call debit spread closed at $6.68 ($668) today. That’s a 1:3 risk to reward ratio.
Earnings Whisper $4.74
Consensus: $3.82
Revenue: $19.24 Billion
*3x lucky 7s of trading*
7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
Earnings
Balance sheet
7 Common mistakes:
+5% portfolio trades, risk management
Beware of analysts motives
Emotions & Opinions
FOMO : bad timing
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors
7 Important tools:
Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big organized desk
Reading books, playing chess
Sorted watch-list
Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
www.tradingview.com
$FDX Breakout Imminent - Bullish Options ActivityFedEx nearing a breakout. Monitor for a close above ~$293.50.
Bullish unusual options activity:
$1.2M of 12/4 OTM calls traded yesterday
Strikes ranging from $290-$305
Also ShopRunner acquisition news today might be the catalyst needed to break through the $300 level.
Target: $340-$350 range possible by early January
*Keep in mind there's an earnings release scheduled for mid-December*
Note: This is NOT investment advice.
FDX - Elliottwave analysis - Dump and Pump set upFDX - It has completed the 3rd wave up in strong up trend and started correcting the move. The Y wave down in WXY correction as 4th wave in progress. So sell near 282-286 with stop level above 289.75 for target zone below 250. There a probability of triangle as 4th also possible. so in that case price would go up to 262 level. After completing 4th wave near 250 level, it is again turning in to bullish and go above 300 level to complete the wave 5.
Give thumbs up if you really like the trade idea.
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 Moving Average(MA)NYSE:FDX
The moving average (MA) is a simple technical analysis tool that smooths out price data by creating a constantly updated average price. The average is taken over a specific period of time, like 10 days, 20 minutes, 30 weeks or any time period the trader chooses. There are advantages to using a moving average in your trading, as well as options on what type of moving average to use. Moving average strategies are also popular and can be tailored to any time frame, suiting both long-term investors and short-term traders.