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FDX - DAILY CHART

NYSE:FDX   FEDEX CORP
Hi, today we are going to talk about FedEx and its current landscape.

FedEx is poised to receive increasing attention from the market as relevant events are taking place, the company reports its earnings on Tuesday after the market had closed. Despite the slow year, this report could be FedEx's chance to gain some momentum, also after it didn't renew its contract with Amazon early this year is likely looking for partnerships with large retailers like Walmart and Target, which could drive a change of landscape for the company.


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Comments

Inverse Head and Shoulders........
Also, today's Amazon announcement didn't really hammer FDX down. The bottom touched 261% fib retracement (100% at $222) and the two shoulders are at 50% fib line. Santa Claus rally for FDX I believe.
+1 Reply
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