FedEx’s most recent trend suggests a bullish bias. One trading opportunity on FedEx is a Bull Put Spread using a strike $260.00 short put and a strike $255.00 long put offers a potential 29.2% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $260.00 by expiration. The full premium credit of $1.13 would be kept by the premium seller. The risk of $3.87 would be incurred if the stock dropped below the $255.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for FedEx is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for FedEx is bullish.
The RSI indicator is at 70.76 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for FedEx
Here’s the next terrifying hurdle for the stock market: Morning Brief
Mon, 10 Jan 2022 10:09:07 +0000
To get inflation under control, a much faster pace of interest rate increases may be needed from the Federal Reserve, pros speculate. Here’s what to watch in the markets on Monday, January 10, 2021.
Novak Djokovic Wins Australia Court Battle, FedEx Warns Omicron Hitting Staff
Mon, 10 Jan 2022 10:08:00 +0000
A judge rules that Australia’s decision to revoke the tennis star’s visa was ‘unreasonable’ and orders Djokovic be released from detention.
Collect stable income up to 4.1% by being the landlord of GameStop and AMC — gain exposure to red-hot meme stocks without the crazy volatility
Sun, 09 Jan 2022 14:00:00 +0000
Want exposure to meme stocks without the high risk? Collect their rent.
Can a Self-Driving 40-Ton Truck Be Safe? Developers Say Yes
Sun, 09 Jan 2022 13:30:00 +0000
(Bloomberg) — Shipping companies and software developers are experimenting with self-driving trucks as a way to solve a driver shortage worsened by the Covid-19 pandemic, drawing fire from safety advocates who call the technology a risk to motorists.Most Read from BloombergCypriot Scientist Says Deltacron Covid Variant Isn’t ErrorCyprus Finds Covid-19 Infections That Combine Delta and OmicronWorld’s Biggest Crypto Fortune Began With a Friendly Poker GameAlexandria Ocasio-Cortez Tests Positive f
Cullinan Associates Inc Buys Crown Castle International Corp, Electronic Arts Inc, Garmin, …
Fri, 07 Jan 2022 22:38:02 +0000
Louisville, KY, based Investment company Cullinan Associates Inc (Current Portfolio) buys Crown Castle International Corp, Electronic Arts Inc, Garmin, Exxon Mobil Corp, Cognizant Technology Solutions Corp, sells International Business Machines Corp, Accenture PLC, Truist Financial Corp, Chevron Corp, Lowe’s Inc during the 3-months ended 2021Q4, according to the most recent filings of the investment company, Cullinan Associates Inc.
Follow Us on Facebook