FedEx Corporation - 30d expiry - We look to Buy at 232.11 (stop at 224.61)
Daily signals are bullish.
Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end.
A lower correction is expected.
Bespoke support is located at 232.
This stock has seen good sales growth.
Our profit targets will...
If you haven`t sold FDX here:
Then analyzing the options chain of FDX FedEx Corporation prior to the earnings report this week,
I would consider purchasing the 250usd strike price Calls with
an expiration date of 2023-7-21
for a premium of approximately $3.60.
If these options prove to be profitable prior to the earnings release, I would sell at least half of...
After about a couple of month, FedEx has started new rising and I suppose next target will be at about 268 and 320 and as always SL is vital matter for our trades.
#FDX earning this week.
Last week #FDX closed above bearish pennant (above 226$)
If FDX can break 235$, we will see FDX spike up do 243-248$.
If FDX drop below 226$ this time, i believe will be a heavy dropping up to 207/203$
Goldman's Weekly Options Watch trade idea: Buy calls ahead of FedEx earnings. With the stock underperforming the AMEX:SPY by over 8% over the past month, Goldman Sachs analysts see potential for a reversion following earnings.
Angled W pattern is seen if you place the bars pattern like this I have labelled similar points with numbers. 2 being the double bottom of the W and 1 being the highs while 3 being the middle. See if it plays out.
Nice sell on Daily Timeframe
Double Top Adam and Adam pattern
Look to short down to 1.618 for profit
Risk to Reward 1:3
Try to buy in after retest to $230
FedEx Corporation - 30d expiry - We look to Buy at 200.11 (stop at 190.48)
Daily signals are bullish.
Levels below 200 continue to attract buyers.
Trading close to the psychological 200 level.
Bespoke support is located at 200.
We look to buy dips.
A higher correction is expected. Trading has been mixed and volatile.
This stock has seen good sales growth....
FedEx had a better than expected ER push that is slowly subsiding as well as the country heading into recession. Large Gap to fill at $205 which looks to happen sooner than later. Nice short or put setup here.
After my last Price Target was Perfectly reached:
Then you should know that looking at the FDX FedEx Corporation options chain ahead of earnings , I would buy the $180 strike price Puts with
2023-6-16 expiration date for about
$6.60 premium.
If the options turn out to be profitable Before the earnings release, I would sell at least 50%.
Looking forward to read...
We are in a sideward movement at moment but facing a sufficient resistance to allow a corrective move. The resistance goes back until March 2022, had been tested 6 times. The more we had opened a window on September 19th which has been closed on 11th January just now. This resistance is as well supported by the top of the Donchian channel. I think that a short...
FedEx Corporation - 30d expiry - We look to Buy at 199.22 (stop at 188.73)
Traded to the highest level in 22 weeks.
Trading close to the psychological 200 level.
Levels below 200 continue to attract buyers.
We are trading at overbought extremes.
A lower correction is expected.
The sequence for trading is higher highs and lows.
Our profit targets will be...
