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FDX trade ideas

Long FDXHey guys, these are my thoughts on fedex: Stock bouced at a very strong support. There was a complete change of emotions today, a change of power. ( The bears had control last week and were in power but today with a gap up and with a close for a positive day, the bulls are now in control and have the power. A lot of bears are starting to wonder if the should exit tomorow if the stock move higher and maybe some people took their gains today so this looks strong for a reversal When you see a nice downtrend move or uptrend move and then an indecision candle, it means that something is about to change in the direction of trend and this is what happen today.
NYSE:FDXLong
by WilliamL
Potential Short in FDX Still trying to find my way through TA and trend following, I chose to scrutinize a company that I picked to be in my portfolio at my internship. Back in October, I looked at FDX for a long position to fill out a portfolio of blue chip dividend paying stocks for a model client portfolio. As luck would have it, the stock then rose from $170 to $200. I was happy with the result of the trend, however, as it approached $200, I felt uncomfortable keeping it in the portfolio. I thought it was overreached. This is where I fight the deep value investing principles of "buy and hold" with the trend following rules of riding profits and taking profits when the trend has run its course. I am still trying to find a middle ground, I am getting closer. Looking at the daily charts, FDX is hanging on to support at the 186.39 level. As of yesterday it crossed its 50 MA in a bearish manner, but I am looking for a confirmation and continuation of the bearish sentiment, and I like the probabilities. Fundamentally, I wanted to get rid of FDX due to increased debt accumulation, decreased cash, and negative free cash flows. With a PE Ratio of 26, its more expensive than 73% of its competitors. Its trading 3.26 times book value, putting it more expensive than almost 90% of its competitors. Cash to debt ratio has decreased each year over the last four years, going from 1.64 in 2013, to 0.26 in May 2016. Enterprise Value for FDX has increased over the last four years from 28,572 to 54,136 in 2016, that's a high price tag for 26 times earnings. For these reasons, I give more weight to the bearish probability outcome than I do the bullish one. Could the fact that I've found more shorting opportunities in larger cap "blue chip" stocks mean something for the overall market? I'm not sure. Would love some feedback. If FDX breaks current support, look to take profits around the 200 MA. Not the greatest Risk Reward Ratio: 1.49, but nevertheless, interesting to see what happens.
NYSE:FDXShort
by BrandonBeylo
LongI like fedex here, these are my thoughts: There is a huge support line that goes from 2014-12-08 to today, so this is very strong. From the beginning to 2016-11-14, that was a nice resistance line but since the breakout of that resistance line, it became a support. The stock broke out that resistance line with strength, then came back at the support line and made a nice bounce. One week later, the stock came back again and it bounced again for a nice uptrend. So today, the stock came at the support line for the third time, bounced and finished the day with a nice hammer, a candle that is very bullish. So the fact that there is a nice support line and that the candle is very bullish, i am expecting a move on the upside. This stock did the same thing as the market: It gap down a lot, continue to move down, bounced at the support line and finished the day very close to the high so that shows that bulls finished the day with the power and control.
NYSE:FDXLong
by WilliamL