phongthienphihong

$FDX Vaccine transporter and earnings catalyst LONGGG

Long
NYSE:FDX   FedEx Corporation
FEDX

Fedex should be on your watchlist for next week.
Up coming thursday is earnings, the earnings are promising and FDX
will deliver the first wave of vaccine. Big catalyst to based volume on.
Daily chart has shown that FDX respect the fib very well.
The .382 fib is important but we could still see it touching
the .50 fib.
Levels to watch are : .618 and .500 fib for support, .236 will be the
buy signal if it holds on the 5 min chart.
Waiting for MACD to show green
Pre market will tell us...
Target 305.2 and above

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.