FDX trade ideas
FDXOverbought yesterday on MFI. Breaking trend on MFI & RSI and Accumulation/Distribution could be next. .618 retracement would put it to $149.78
MACD is turning over on daily, and is approaching red on Hourly tf on up.
$FDX Maybe look a little closer at a short trade off this bounceup 5 days in a row watching for a short entry
FedEx: FDX looking bearish Long putsim longing punts (puts) for a day or 2 on $fdx. ill post detailed trade plan analysis after my targets are hit..
They're already posted on my stocktwits room and my facebook page, the fans saw it first.
fdx was great shortplayed calls and puts after resistance cashed in looks like could continue down taking rest day off. Made enough off fb and this.
FDX | 1HR | Read for buying calls Bullish trend established.
Added Fibonacci levels to show you resistances
The 100ma purple and 200ma red are swoooping down from the sky to slap the price down so there will be pullback before a break trough
Happy trading
