Fedex reached ATH on May 27 and since then it has been sidetracking and recently gapped down on Jul 27 (2 months later) and now sitting on the MA200 support.
Is this a good sign ?
My analysis is that, the bull run is probably for the time being and fedex could be going sideways for a while and might even break the MA200 support.
Chance of it breaking is...
The technical figure Triangle can be found in US company FedEx Corporation (FDX) at daily chart. FedEx Corporation, formerly Federal Express Corporation and later FDX Corporation, is an American multinational shipping & delivery services and supply chain management company headquartered in Memphis, Tennessee. The Triangle has broken through the support line on...
UPS is getting tight in this All-Time High pennant. Fake-breakout this past session as volume continues to fade but price action printed a bullish inside day closing slightly above then past Thursday candle open. I have alerts at $217 for a swing to psych number $225!
Arguably one of the best performing stocks after the outbreak of Coronavirus. Just made some corrections and heading towards the bearish order candle. A new 52 week high with a low PE ratio indicate a high potential for this stock.
- Let emotions and sentiments work for you
-ALWAYS Use Proper Risk Management In Your Trades
Fedex in the short term, is in a lateralization of the price. It is the ideal setting for short-term operations.
I'm going to show you my new operation.
Fedex had a false break to the upside of the side channel, and is likely to want to retest the low level of the channel.
I am showing you a sale with risk / reward 2.
Fedex will present results this Thursday,...
My trade plan for Fedex:
If current projection holds, Fedex could see min. $295.
If we break below $251, the projection will be invalidated.
Give me a follow and I will post more charts.
Good luck and trade safe.
FedEx NYSE:FDX is hovering near a resistance area which it had previously broke prior to the start of the new year. However, in recent weeks, FDX has since fallen below that key level and appears to be retesting it. Just a few days ago, it tested the $255 area but failed to break through it. It appears that FedEx is trying to push past this area again. We will...
There was a long red wick on the weekly chart on the ninth of November,
meaning a future down trend, at least in my opinion it does,
Plus it broke my white support line.
So it’s going under 262.00 to 258.40 or maybe 255,
But it’s in a great buying opportunity range under 260.00.
Happy Holidays, and safe trading everyone.
U.S. delivery firm FedEx released their Q2 2021 earning report showing total revenue of $20.6 billion which is up 19% year-over-year.
FedEx (FDX Stock) said quarterly profit almost doubled after rate hikes and spiking volume helped lower the cost of delivering pandemic-fueled e-commerce purchases to residential addresses.
FedEx had an operating margin of 7.1%...
Hello Traders, Fedex is a nice sell because it's hitting a large volume of sell orders right now. A good candle information at the big order zone will be the trigger for the sell. I will be posting updates if necessary. Thank you.
In the first point that i talked about : All the weight fell on the store , which made it descend quickly and surprisingly // And this is a good thing because the store was freed and now it can go back up and rise again as we see
in the second point : Thanks to my analyzes that i just made .. i want to tell you that .. after this point , it will rise by 96% and...