Get started
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals Options Bonds

FDX trade ideas

Pompous FedEx is completely disconnected from reality.In what world does a company that is completely reliant on on a healthy economy believe that it somehow should increase its value by almost 30 percent in the past 10 days while the world economy is the worst in history. Time for a huge wake up call. Plus a .65 cent dividend? Ok.... So the perception is that they are doing well to move the stock and trap investors, when reality comes through in those numbers and this craters 50% everyone will realize how where the heart of this company truly lies
N
by chefdrewmem
1
$FDX in a higher degree correction completing Wave ADisclaimer:  I have been trading in the markets for about a year.  After several months of charting various instruments, my eyes have gotten trained to recognize different candle formation patterns like Bear & Bull Flags, Head & Shoulders, and others.  This was good.  But, not enough for me to accurately forecast the next following moves and market structure after these patterns had been completed. For me my next evolution as a Trader came with a more fine-tuned approach to Market Structure, The Elliott Wave Theory.  There are two books that were recommended to me as I started this journey. 1.  Elliott Wave Principle: Key to Market Behavior by Robert Prechter and A. J. Frost, www.elliottwave.com 2. Visual Guide to Elliott Wave Trading by Wayne Gorman and Jeffrey Kennedy, www.elliottwave.com I am still learning.  I accept the fact that my analysis may be wrong. But, these are my charts as I continue my journey.  I am open to all feedback on my analysis as I continue to improve.
NLong
by RicoConnects
FedEx: Still room to grow. Aiming at the 1W MA200.FDX has seen enormous rise this week, breaking above the 1W MA50 (RSI = 59.573, MACD = -0.910, ADX = 28.559). Despite that, it is still undervalued both on the short and long term. Based on its recovery after the Subprime Mortgage crisis (the pattern then is very similar to today), it is aiming at the 1W MA200 on the short-term (right now at 192.71) and on the long-term to new ATH. ** If you like our free content follow our profile to get more daily ideas. ** Comments and likes are greatly appreciated.
NLong
by InvestingScope
1