Based on the EMAs, Resistance 179.69, then down to 144 EMA
175.55 for (1) Support prior to earnings
, which can cause a drop to the 377 EMA
at 168.17 (Trefis Price 157.-12%) This is an options play set up since the dividend payout is when January Options expire. I'd expect a drop after earnings
, then a gradual rise in price before dropping. Gas prices might be breaking record lows to boost profits, but Net Debt drops per share price to $69. Ground Shipment drives up per share price to 137.82. FedEx
might integrate Netgas in 2015 that will help the bottom line, but not in the first quarter in 2015. EBITDA margins down from 16.8% to 14.9% (2011) due to increased fuel surcharges; this could be a repeat midway into 2015.