Reason for buying this stock: 1. Candle is above ALMA . 2. MACD - blue line crosses above the orange line. 3. Low risk 2.80%
i think , tomorrow will decide if it goes back to be bullish again, for now we can expect to pull back here.
The pandemic is still in full effect for 2021, keeping the increased demand for ecommerce and shipping steady. I expect strong earnings and a increase in share price to 300 - 300+ on the runup to earnings.
very underrated stock on the market right now. great room for the upside. indicators ticking bullish. stage 3 breakout beginning.
Fedex is falling with in parallel channel, first it will have to come out side this parallel channel then recovery can be in parallel channel. It has so many support levels, current support is 246, then 240 $..then 230..then Long term trend line @ 213..
right in between the 100 and 200... and it certainly looks like a double bottom.. let's check in on Monday and see what it's doing
01/21/2021 Currently trading at 235.34, about to approach the 200EMA. I posted the chart so you guys can see what I see. This MA has been STRONG support and resistance for $FDX in the past, and now its looking to approach directly into the number. With strong fundamentals, and a contract to ship the COVID vaccines around the US, I am expecting this to be a good...
01/31/21 Currently trading at 235.34, about to approach the 200EMA. I posted the chart so you guys can see what I see. This MA has been STRONG support and resistance for $FDX in the past, and now its looking to approach directly into the number. With strong fundamentals, and a contract to ship the COVID vaccines around the US, I am expecting this to be a good...
📈FedEx looks primed to continue its bullish price action after a 20% pullback from all time highs. There is some resistance to support to watch out for at $258. The short term trend is still bearing, so watch for a break of the descending trend line and a break above $258. The MACD is also curling up for a crossover with bearish volume decreasing on the Daily...
FEDEX Looks to be ready to try and make higher lows i see no harm in giving this long a shot. Stops, Targets, and Entry are shaded on the chart.
FDX had a great reversal from the recent pull back. It has held the 10 day and looks to be forming a cup and handle . We need a break of the handle to get some more confirmation. Watch a break of the recent highs for a break upwards.
FDX looks to be holding in a possible channel and "possibly" putting in an inverse H&S. 266 all the way up to 288. There are some gaps, but they haven't been filled in a while and don't expect them to be
sharpening up the gig they cut labour, integrated new delivery in Europe and bought new jets from ailing westjet, instead of leasing them. divergence with b/t
Target - green box Invalidation level - red line
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...