FDX trade ideas
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.
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.
ResistanceWe are in a sideward movement at moment but facing a sufficient resistance to allow a corrective move. The resistance goes back until March 2022, had been tested 6 times. The more we had opened a window on September 19th which has been closed on 11th January just now. This resistance is as well supported by the top of the Donchian channel. I think that a short position within the channel is justified.
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.
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Federal Express Corporation 1971–1997 FDX CorporatAs for the coming holiday-shortened week, it tends to be a good one for stock investors. The S&P 500 has risen between Christmas and New Year’s Eve on 73% of occasions in its 94-year history, with a median return of 0.7%, according to Dow Jones Market Data.
That could cut the S&P 500’s 2022 loss, currently at 19.3%. There’s another historical trend in investors’ favor. When the index declines 20% or more in a calendar year, it’s been up two-thirds of the time in the next year, per Dow Jones Market Data. The following 12 months have seen a median gain of 24.3%.