The market had another nice downtrend day. Entries were clear on most of the pullback and the market gave clear indication it was slowing down. What a great day to trade.
FedEx Corp., a prominent logistics company, announced quarterly earnings of 3.86 USD per share on revenue of 21.7 billion USD. According to LSEG, analysts had predicted earnings of 3.45 USD per share with revenue of 22.04 billion USD. Although sales of logistics services have decreased, their profitability has increased, indicating financial...
If you haven`t bought FDX ahead of the previous earnings:
Then analyzing the options chain and the chart patterns 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 2024-6-21,
for a premium of approximately $16.50.
If these options prove to be profitable prior to...
FedEx ( NYSE:FDX ) astounded Wall Street with better-than-expected third-quarter earnings for fiscal 2024, despite revenue falling slightly short of expectations. The shipping giant's robust performance comes amidst a backdrop of economic uncertainty and volatile macroeconomic conditions. As FedEx ( NYSE:FDX ) maintains its outlook for the remainder of the fiscal...
3/15/24
Price:255.6
Analysis:
Trend Analysis:
Trend may have hard time catching on to the incline, historical data shows significant velocity, this may cause less volume, trade pullouts etc... expect to go bear eventually.
Structure:
Significant velocity in uptrend expect uptrend to breakdown eventually market expected to incline 90% -1.3%
Support &...
The trend is up on weekly
The price formed a very strong bearish BA
Also the Volume was huge
Ther is a very good divergenc
The RS is negative and bellow the Zero
The price break the trend line
I opened short at 240
SL 265
TP 190
We have initiated the Gap Fill on FDX “FedEx”. If we were to pull back and retest previous highs before pushing higher, this would be a great opportunity to enter this trade/idea!
FDX looks great for a breakout to the upside it has been in a descending channel
that is close to breaking, I would look for a 4 over 40 moving average cross to confirm
the break the 3 targets would be 200em target 1 , anchored vwap 1 target 2 , anchored vwap target 3. the risk to reward ratio on this trade is not the best but at target 3 it would be a...
Alright, let's make understanding NYSE:FDX (FedEx Corporation) stocks as easy as possible. It's like going shopping, but with stocks instead of groceries. Here's the breakdown:
- Wholesale prices for NYSE:FDX stocks range from $148 to $162 per share.
- Retail prices, where we want to sell, are between $250 and $262 per share.
Now, let's simplify things even...
A price action above 250 supports a bullish trend direction.
Increase long exposure for a break above 255.
The first target price is set at 262 (at its 61.8% Fibonacci retracement.
The second target price is set at 281.
The stop-loss price is set at 244.00
Recently crossed above its 200-day simple moving average.
The MACD bullish crossover (see the lower panel)...
Purely looking at the charts. I see that NYSE:FDX missed on earnings in Sept. 2022 and had a huge gap down. And from what I see with this gap today, it is less of a surprise miss yet it still opened with a gap. Looking at the time frame continuity it is still in a bull run and has room to close the gap and test new highs. RSI is cooled off to 41. It is opened at...
This is a major confirmation signal for related markets and industries... A massive breakdown happening on the FDX chart supports the end of the bullish trend.
This weekly session pushed below EMA10 and EMA21 in one go, producing the highest selling pressure since September 2022 which was the worst week in many years.
➖ The first or immediate target is around...
In the face of various challenges, FedEx Corporation (NYSE: NYSE:FDX ) showcased resilience and strategic adaptability during the second quarter of fiscal year 2024. The company reported a mixed performance across its segments, with some facing revenue declines while others experienced growth. Here's a detailed analysis of the key factors influencing FedEx's...
The Company I work for gonna go long off this gap down
looking for a 23.6% retrace off the gap down
risk to reward ratio looks good at 1:4.25
I'm out if low of 246.05 is hit
265.86 target , 23.6%
FedEx reduced its yearly revenue forecast due to tough competition with UPS and other delivery rivals in a slow holiday season, causing its shares to drop nearly 8%. The company now expects a slight revenue decline instead of previously anticipated steady results. FedEx shares fell to $258.30 in after-hours trading from $280 at Tuesday's close. To protect...
