Daily Bullish Divergence, Bat Harmonic right at support
(1) if stays above 250 (mid line of tunnel), shall be good to go (2) if not, 235 next support
earnings coming in next week , if it misses estimates it could fall to 237 where its a good place for scalps, but technicakky is oversold now, any positivity from the earnings would surely bring the price to 275 at least.
FDX closed with a nice hammer today. Still need follow through tomorrow but great company and has pulled back nicely here. It is in my 2022 stock portfolio as well.
Fedex presents a GAP formed on 7/21/21. The GAP would be filled at around $297.50 which presents a swing idea from the current sock price of 263.64. Closest support is at 258.43 which if respected would be a good entry price for this play. I am a beginning trader and I welcome all comments &/or suggestions. This is just my plan from what i've learned
The principal of a Gap & GO is taking advantage of a big overnight move that no one expected going against the present trend. People are in fear as they are seeing their swing profits going down the drain and automatic stop losses are about to get triggered at open For this example, i did a short Gap & GO trade. (for long Gap & GO you look for opposit) On the...
Butterfly w daily engulfing candle, 290 can trade, 2% risk max to account. $RLMD as well both of combo scan from tc 2k, via Pradeep Bonde/ @Stockbee Best in business, hands down imo
Great looking chart here with a nice bounce off 200 EMA. Several analyst have them rated buy/strong buy with PTs in the $350+ range. Deliveries should continue with concerns over delta variant. This cooling off period looks like a nice entry point.
(1) back to the support (2) 288-294 gap wait to be filled (3) for now I'd wait for FDX to stay stable above MAs first
NYSE:FDX is about to break out. Long the break out to target 394.5$, stop loss daily close below 200 MA. Hit the like button please if you find this useful :) This is only my own view and not a financial advice, do your own analysis before buying or selling Happy Trading!
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...
FEDEX is primed for a breakout this week. Will be paying close attention to XLI & UPS. FDX has had a 10% move the last 2 times UPS reported earnings. I don't expect 10% again but I wouldn't rule it out either. 10% puts FDX around $326. Symmetrical triangle has formed and ready for a move to the upside. Looking at playing the 8/6 $300 call options. Sympathy plays...
FDX is squeezing on the Daily chart Last resistance around 305, if break to the top we'll see new ath Break below could see 250's again
-Wolfe wave triggered today (daily) -Daily TTM Squeeze Scanning (avg squeeze time is 6 and we're on 7. It's bound to fire soon. -Breakout level is 300 and we broke it today and got rejected at 50DAY SMA. -We have a 1hr demand zone around 296 - 297.90 would love for it to come down that area to enter long. Contract Suggestion: 7/16 302.50C @ 1.75 7/16 305.00C @...
The PEAD projected a Bearish outlook for $FDX after a Negative Under reaction following its earnings release placing the stock in drift D If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.