FDX Fedex long set upBuy FDX/USD
Entry 146
Entry 2 142.50
Entry 3 139.00
Sl 136
Tp.1 154
Tp.2 164
Tp.3 172
tp.4 178
FDX trade ideas
FDXThink UPS will try to buy FedEx here or wait till it's under $100 if this head & shoulders plays out?
FDX- Earnings in MarchThis I'm expecting short term a pump to around 162-164 range then a drop after hitting support.
Earnings could prove hard for FDX. Amazon announced not allowing third party vendors to use FDX for prime shipping on December 16th. They reallowed it around Jan 16th.
31 days leading up to and following Christmas. Leading up, all those sales not shipped through them, following and gift cards or money from the holiday that were used on purchases.
I know this is way out. Just putting my thoughts out there while I have them.
Possible ForecastDespite news that has been coming out about the fed ex earning, etc.. I am going to be bullish in the near term on the price per share exceeding the $200 mark. Significant psychological level holding along with wave sequence, we will see how this one develops the next few months. Constructive criticism is more than welcomed on this stock. I will be personally entering long positions. If we get stopped out oh well, that's part of this field.
Fedex gets second wind from Amazon
Closed above the 200 moving average.
Rsi rising bullishly
MACD a short cover signal on crossing zero line while Histogram continues to tick higher.
Momentum and OBV indicators bullish.
$FDX is in an Important Zone $FDX has had a harsh year:
-From ATH of 274.66 in Jan 2018
-To a short term low of 137.78 in Oct 2019
As you can see, on the monthly chart, we have now touched the (almost) 11-year trend line from 2009:
Transports have been getting the worse end of the stick for a while, and it is right around the holidays - when a lot of shipping happens. I don't want to have a bias either way here yet - but, I can tell you that this is an important zone. You can either expect large buyers to start refueling in this zone, or at least testing the waters.
However, from a fundamental standpoint, $FDX has gotten worse in this time frame - and if large buyers don't step in here, you're likely to see another large down wave.
To zoom in a bit, here is where we are on the weekly:
As you can see, we have touched the (almost) 11-year trend line in a tweezer bottom ever so slightly, and have been looking for direction since in this rectangle.
From this chart, I think it's important to note:
-All 3 of the last large red weekly candles have had the highest volume since 2009 ,
-2 of these weeks recorded all-time high volumes
I do not think this has shown enough strength yet at these levels to warrant a long, however, I am eying this level to show strength by gapping back up into this rectangle, or getting rejected - probably having to retest the (almost) 11-year trend line again:
Will continue to add to this as time goes on...
Feel free to let me know your thoughts, or share any input you have on the fundamental or technical side of things - love to learn and grow with everyone!
This will likely take 2-3 months to pan out, but it could be a once in a decade setup, whichever way the market decides to push it. Keep your eyes open on this one.
LongIf you are building a long-term investment portfolio, this idea may be worth your attention.
Fedex dropped today by 10%, bringing the total price reduction to 50%.
Nice discount for a nice company, agree?
FDX - DAILY CHARTHi, today we are going to talk about FedEx and its current landscape.
FedEx is poised to receive increasing attention from the market as relevant events are taking place, the company reports its earnings on Tuesday after the market had closed. Despite the slow year, this report could be FedEx's chance to gain some momentum, also after it didn't renew its contract with Amazon early this year is likely looking for partnerships with large retailers like Walmart and Target, which could drive a change of landscape for the company.
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$FDX Risky Reversal trade in FedexEntry level $167.45 = Target price $184.07
We will see how much damage the AMZN breakup is having while we have seen UPS post good numbers.
Volume has taken a significant increase pre earnings and indicators are all bullish.
Average analysts price target $166.35 | Overweight
P/E Ratio 10.91
Short interest 2.03%
Yield 1.57%
FedEx Corp. is a holding company, which engages in the provision of a portfolio of transportation, e-commerce, and business services. It operates through the following segments: FedEx Express, FedEx Ground, FedEx Freight, FedEx Services, and Corporate, Other, and Eliminations. The FedEx Express segment consists of domestic and international shipping services for delivery of packages and freight. The FedEx Ground segment focuses on small-package ground delivery services. The FedEx Freight segment offers less-than-truckload freight services across all lengths of haul. The FedEx Services segment provides sales, marketing, information technology, communications, customer service, technical support, billing and collection services, and certain back-office functions. The Corporate, Other, and Eliminations segment includes corporate headquarters costs for executive officers and certain legal and finance functions, as well as certain other costs and credits not attributed to the company's core business. The company was founded by Frederick Wallace Smith on June 18, 1971 and is headquartered in Memphis, TN.
One good reason to be bullish on FedExThis stock is in a potential buy zone. 2-week chart provides additional details:
Alternative buy zone (the very bottom of FedEx):
$FDX Upgrade timely for FedexEntry level $16040 or $162 above downtrend
Target price $ 186.42
Indicators very bullish and in strong reversal.
Upgrade today well timed as earnings approach.
FedEx rating change at UBS FedEx upgraded to Neutral from Sell at UBS. UBS analyst Thomas Wadewitz upgraded FedEx to Neutral from Sell with a price target of $161, up from $132. The analyst says his Sell thesis has essentially played out as fiscal 2020 earnings expectations have fallen sharply and the stock has also moved down. While he does not anticipate near term improvement in financial results from FedEx, he believes the shares now reflect the "bad news," limiting further downside.
Source-thefly.com
P/E ratio 10
Company profile
FedEx Corp. is a holding company, which engages in the provision of a portfolio of transportation, e-commerce, and business services. It operates through the following segments: FedEx Express, FedEx Ground, FedEx Freight, FedEx Services, and Corporate, Other, and Eliminations. The FedEx Express segment consists of domestic and international shipping services for delivery of packages and freight. The FedEx Ground segment focuses on small-package ground delivery services. The FedEx Freight segment offers less-than-truckload freight services across all lengths of haul. The FedEx Services segment provides sales, marketing, information technology, communications, customer service, technical support, billing and collection services, and certain back-office functions. The Corporate, Other, and Eliminations segment includes corporate headquarters costs for executive officers and certain legal and finance functions, as well as certain other costs and credits not attributed to the company's core business. The company was founded by Frederick Wallace Smith on June 18, 1971 and is headquartered in Memphis, TN.
FDX - CounterTrend Play This seems to be an important area for this one. Downtrend in play, however we are in a zone that can bounce with easy stop location for good R:R - take into account this is counter trend on D / 4h .. so easy play - either we stop out or we bounce to TL - at which time take some off or get to BreakEven Point and hold for the break up to the "zone" above.. Big time of year for shipping.. so maybe we get that bounce. Happy trading!..
Trade the trend. Short Fedex $FDX. The stock price is below all moving averages,
MACD, SAR, and RSI are still bearish.
Head and shoulders pattern.
Trade the trend.
The trend is your friend.
Short FDX.
$FDX 3x bull div on the 1WFDX wit 3x bull div on the weekly with coinciding bull div on the rsi at the .886
bull div on the daily as well
Good candidate for longThat gap down should go through gap fill, price targets i see are 150(test support here)
then go to 156/162/165/172
FDX is all set to test the previous resistance of 165The chart indicates the FedEx is all poised for a jump again to test the previous test level of 165. The volume is slowly building.
FDXTrade tension has brought a lot of uncertainty with cargo airlines in the recent years. Until there is clear resolution there will continue to be volatility in the stock. Potential rejection on trend line back down from resistance as new lows continue to be made.
Buy and sell opportunity:Buy and sell opportunity: wait for a bullish and bearish reversal in buy and sell zones respectively.
Trend analysis:
Monthly - down
Weekly - down
Daily - up
Hourly - side
Long-term opportunity: sell
Short-term opportunity: buy
