FedEx is a 'bottom-fishing' stock heading into earnings, technician says $FDX (via TradingNation)
The delivery company heads into its earnings release Tuesday with major losses. The stock has tumbled 36% from a 52-week high set in September, more than any of its peers.
" on Friday. "It has pulled back about 44% off the highs you've seen in January of 2018 and it looks like you're forming some sort of double bottom in here." "You've got really good support at $150," Johnson said. "Sentiment seems really negative. I'd be a buyer of this stock in here and I think a lot of the bad news is already baked into these shares."
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
FedEx Slashes Prices to Fill Its PlanesFedEx is offering big discounts to woo online merchants to its air network as it seeks to refashion a delivery system ill-equipped for the rise of e-commerce.
Baca lebih lajut »
FedEx cites 'operational error' for not delivering Huawei phone to U.S.- reportFedEx Corp said an 'operational error' caused a Huawei Technologies Co...
Baca lebih lajut »
FedEx cites 'operational error' for not delivering Huawei phone to U.S.: reportFedEx Corp said an 'operational error' caused a Huawei Technologies Co...
Baca lebih lajut »
FedEx apologizes for not delivering Huawei phone to U.S., cites operational error: reportFedEx Corp said an 'operational error' caused a Huawei Technologies Co...
Baca lebih lajut »
China says FedEx should offer a proper explanation on HuaweiChina's foreign ministry said on Monday that FedEx Corp should offer a prop...
Baca lebih lajut »
FedEx, in another error, misses delivery of Huawei package to U.S.FedEx Corp said on Sunday an operational error prevented a Huawei Technologies p...
Baca lebih lajut »