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FedEx CorporationFedEx CorporationFedEx Corporation

FedEx Corporation

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FDX trade ideas

FDX - Potential Long OpportunityFedex has broken out of its downtrend from 2018 and has had a MACD crossover on the monthly chart. Volume looks strong but is waning now that it is in overbought territory on the RSI. A rejection off of the 1.618 retracement level and a retest of a strong support level may give a good entry point for a long position. I will be patiently waiting for the pullback for proper entry. As always, I am not a financial advisor and this is not financial advice. Do your own research and formulate your own theories. Good Luck!
NYSE:FDXLong
by ChrisPtaco_32
Pompous FedEx is completely disconnected from reality.In what world does a company that is completely reliant on on a healthy economy believe that it somehow should increase its value by almost 30 percent in the past 10 days while the world economy is the worst in history. Time for a huge wake up call. Plus a .65 cent dividend? Ok.... So the perception is that they are doing well to move the stock and trap investors, when reality comes through in those numbers and this craters 50% everyone will realize how where the heart of this company truly lies
NYSE:FDX
by chefdrewmem
1