Buy Only for this one...
FedEx, monthly chart: 14 years old(!) mirror level + 2 Hammers candle patterns + juicy sell off (fall from highs): 50%
BUY FDX/USD (Stock)mt4 or option ENTRY 1 131.50 ENTRY 2 128.10 SL 123.78 TP.1 136 TP.2 142 TP.3 146 TP.4 150 TP.5 156 Risk management fam
Buy FDX/USD Entry 146 Entry 2 142.50 Entry 3 139.00 Sl 136 Tp.1 154 Tp.2 164 Tp.3 172 tp.4 178
$FDX has had a harsh year: -From ATH of 274.66 in Jan 2018 -To a short term low of 137.78 in Oct 2019 As you can see, on the monthly chart, we have now touched the (almost) 11-year trend line from 2009: Transports have been getting the worse end of the stick for a while, and it is right around the holidays - when a lot of shipping happens. I...
This stock is in a potential buy zone. 2-week chart provides additional details: Alternative buy zone (the very bottom of FedEx):
This seems to be an important area for this one. Downtrend in play, however we are in a zone that can bounce with easy stop location for good R:R - take into account this is counter trend on D / 4h .. so easy play - either we stop out or we bounce to TL - at which time take some off or get to BreakEven Point and hold for the break up to the "zone" above.. Big...
The stock price is below all moving averages, MACD, SAR, and RSI are still bearish. Head and shoulders pattern. Trade the trend. The trend is your friend. Short FDX.
...after another bounce on support and a false breakout...
Check out my analysis on this chart via YouTube at Dumb Money Trader. Anytime an insider buys or sells, it's worth noting. I'll be keeping my eye on this one. www.dumbmoneytrader.com
Continuing to short this stock. Now as we are in risk off and break is confirmed, target 61.8% support Fibonacci before potential pullback. Good Luck!
near all time lows from falling from all time high of $270 should retrace from $140 to at least $170 or $180 by end of year
fedex long price has reached near all time low from all time highs at $270 price is expected to reach $170 to $180 by end of year
FedEx(FDX) : Series on Equities (Extension to XLI post)- Sept 22nd (5 Minute Read) Since I do not post much about individual equities (maybe this will change in the future) , I will keep this post short and mostly technical . Nevertheless, some extremely significant fundamentals will be analysed . The purpose of this post is to analyse FedEx's performance...
Fedex has a $39.78B market cap, and has real trouble late months because of Amazon taking over its market share. Now price broke the uptrend line and closed just below the $150 level. Still seems set to fall lower, so best to short it. Long only possible if the price attempts to close the recent price gap, but it is less likely. Good Luck!
MMHVWPI - earnings missed - retesting support. Break down and next support 124.56.
Price currently at the uptrend line, which was confirmed. Also 50% retracement level. With recent earnings disappointing and news came out today that there will be no renewal deal with Amazon at the end of this month. While it is a good level for a buying opportunity, the stock seems to be more on the sell side for now. Major banks like Morgan Stanley and JP...