Fedex Stock (FDX) Technical Analysis

• Get the Technical Analysis Technical Analysis In financial trading, technical analysis refers to the method of studying the previous history and price movements of an instrument, such as foreign exchange, stocks, commodities, etc.Key determinants include an asset’s historical price action, chart patterns, volume, and other mathematical based visual tools, in order to predict future movements of that instrument. Traders who utilize various means of technical analysis are known by a variety of terms, such as technical traders, technical analy In financial trading, technical analysis refers to the method of studying the previous history and price movements of an instrument, such as foreign exchange, stocks, commodities, etc.Key determinants include an asset’s historical price action, chart patterns, volume, and other mathematical based visual tools, in order to predict future movements of that instrument. Traders who utilize various means of technical analysis are known by a variety of terms, such as technical traders, technical analy Read this Term for FedEx Stock (FDX) in 2 minutes
• FDX is inside a potential bull flag. Bullish flag formations are effective continuation patterns in strong uptrends. The "pole" of the flag arises from a stock's vertical increase; the "flag" is from consolidation (when the stock trades in a range, typically sideways to slightly down, when applied to flags of a bull flag)
• More upside for FedEx stock and a reasonable time to scale in, meaning to buy shares as the price cools down. Best is to set your buy order ahead of time and wait for the order to fill.
• 1st entry price for FDX: $ 240.35
• 2nd entry price for FDX: $ 231.29
• 3rd entry price for FDX: $ 225.70
• Average entry price, if and when all of the above buy orders get filled, would be: $ 233.41
• Stop Loss (sell and exit the entire position): $ 193.95
• Take Profit Take Profit In financial trading, a “take profit” (TP) is an order made by the trader via their broker platform. More specifically, this order identifies the amount of profit at which a trader wants their current position to exit at, should the instrument happen to reach that level. The take profit is pre-determined either by setting the number of points or by setting the price at which the trade will automatically exit for a profit.A take profit order is should or is usually placed at the start of a trade In financial trading, a “take profit” (TP) is an order made by the trader via their broker platform. More specifically, this order identifies the amount of profit at which a trader wants their current position to exit at, should the instrument happen to reach that level. The take profit is pre-determined either by setting the number of points or by setting the price at which the trade will automatically exit for a profit.A take profit order is should or is usually placed at the start of a trade Read this Term (partial or all, where you would exit the position with a profit): $ 312.16
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