FDX gap opportunity FDX is entering into a gap to the upside,
Has great R:R
The problem is that UPS reports ER tomorrow morning,. and it can either drop or make the gap get filled easier.
FDX trade ideas
FEDEX DEFINITELY A BULLISH REVERSAL PATTERN 1. BROKE RESISTANCE $241.49
2. CLOSED ABOVE EMA 50 ON DAILY
3. THE NEWS
Cargo Force Wins $100 Million Postal Service Contract for Priority Mail
Cargo Force, which provides terminal handling services for U.S. Postal Service parcels moving by air via FedEx Express (NYSE:FDX), said Friday it is opening four new facilities to support express mail service after winning a seven-year, $100 million contract.
The new facilities in Seattle, San Diego, Detroit, and Orlando, Florida, cover 173,000 square feet in total and will create 255 jobs across the four sites, the company said. The contract also renews service in Jacksonville, Florida, and Omaha, Nebraska.
Last year, Cargo Force also won a large Postal Service contract to process Priority Mail in Milwaukee, Pittsburgh, Boston, and Tampa, Florida. It now operates 14 airport facilities around the country to support the Postal Service.
Cargo Force is owned by investment firms Audax Private Equity and Greenbrier Equity Group. Sister company Alliance Ground International manages cargo operations for airlines at airports around the country and provides other services, such as de-icing aircraft and staffing ticket counters in passenger terminals.
Miami-based Cargo Force processes about 300 million pounds of Priority Mail, according to its website.
Local mail plants send Priority mail to Cargo Force warehouses, where it is scanned and sorted by destination, packed into containers, and tendered to FedEx. After FedEx flies the shipment to the destination city, Cargo Force retrieves and unpacks the containers, sorts and scans the mail by ZIP code, and delivers it to local mail centers. Postal drivers then carry the individual parcels to homes and businesses.
The Seattle-Tacoma facility opened Oct. 4 and the other locations will open Nov. 1, the company said.
FDX - LONG When the times come.FDX was oversold not long ago and it's still under its Fair Value.
I expect the shipping companies to make bank this holiday's quarter., especially after raising shipping prices. Black Friday and Christmas are going to ramp up the e-commerce once again.
However, I'll be patiently waiting to enter around the 227-226 (~0.618 fib) level and go long and enjoy the ride all the way to 252. Timeframe to take profit, maybe around February-March and if things go south (because we never know) my stop loss will be triggered right below 215.
This is not financial advise, always trade at your own risk and remember to manage it well.
$FDX - Breakout above $235 - if she can get there.FDX had a nasty drop after it reported earnings with over $400m in unexpected labor costs. Previous high from date of drop was just below $235. If she can rise and close above that in the next few days, she should work towards closing this gap. GLL!
FDX gap fill I have FDX calls expiring 10/29 and I strongly believe this will hit 150 within that time frame.
fedex thoughtsthis is just my quick analysis for fedex. hopefully they do great
also i miss lil peep
$FDX - BuyBuy Signal generated on FDX.
Over 30% drop from the highs.
System has 86% win rate with profit factor of just over 4.
Buy on market open.
SL TBC.
FDX santa rally around the corner? $FDX currently stuck in this downtrend channel, but its on the verge of breaking it.
with Christmas around the corner, I wont be surprised if we resistance break/end of year rally.
stop loss: 216.34 - price targets: 239.62/251.26/262.9
FDX BEARISHFDX looks like forming a double three correction. I am seeing a wave 4 retracement of wave 3 to 0.382 0r .5 and then further move down to complete wave 5 and wave Y at 0.618 Fib level.
$FDX - death cross near but could have bottomedFDX has had recent issues with labor costs that drove the stock down. Strong day yesterday though and more consolidation from that move today. Death cross (100EMA crosses below 200EMA) is near and normally a bad sign. With this company already down 25%, it seems like the selling should be over. Keep your stops close though because if this is not the bottom, another 10% or so down is expected.
FDX OversoldFDX is oversold on the daily with the RSI sitting at a whopping 17. Too far gone and expect a bounce like most names that sold off the last two weeks. There is a healthy gap above that can fill, especially with the holiday season coming up. Trade is invalidated with a daily close below $217
FDX bearish in dailyFDX in daily is bearish, and there is no signal to change this direction.
In weeky the trend is still bullish, but with a signs of weakness
FDX oversold! Price target and stop lossFedEx Corporation (FDX) oversold on the daily!
Based on support and resistance we have:
Price target: 300usd
Stop loss: 193.20usd
As the market turned bearish...A lot of stocks made a nice short setup.
I'm shorting
BAC
PINS
FDX
DG
UPST
FB
Looking to short AMD
FDX - Oversold - PT: $360RSI indicator showing that FEDEX CORPORATION (FDX) is oversold. We see a reversal to a new ATH at $360.
For educational purposes only.
Daily RSI: 9.26 - Oversold.
Weekly RSI: 21.00 - Oversold.
Bad ER and a downtrending stockI have opened a short two days ago at 229,38 on this stock after what has been a poor ER reception on a downtrending stock. I expect the stock to drift down in the course of the next week.
$FDX with a Bearish outlook following its earnings #Stocks The PEAD projected a Bearish outlook for $FDX after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 66.67%.
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To be a reversal or not to be, that's the question. 📦The price level 230.27$ is from daily time frame, my entry was 229.79 as I saw that after a false breakout of the level there was no movement down and that the instrument was holding VWAP, so I entered there.
potential risks/reward here is 1 to 5.1 meaning I'm risking a 100$ to make 510$
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