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Mr Bling

Joined: 05/12/19


Comments by Mr Bling
FedEx May 02, 2021 9:36PM ET
Totally agree..during covid, supply is limited... customers dont have much choices , after covid , supply will become more, demand not necessary gonna be more ... when supply is more, price goes down, profit goes down
FedEx Mar 24, 2021 3:08AM ET
you will see the price soon to plunge to $255 then $234 before it rebounds... March 23 price is at 266.81
FedEx Mar 03, 2021 7:24PM ET
more like 234... today's price closed at 258.77 (March 3), time will tell who is more accurate, hitting 234 or 324 first... (give and take 2% tolerance level)
FedEx Jan 27, 2021 7:49PM ET
Last night it was the worse market downfall since Oct...
FedEx Jan 19, 2021 11:42PM ET
it has been 5 years... there is fast and furious... or alternatively there is smooth and steady...
FedEx Jan 06, 2021 8:29PM ET
i also recommend ETSY WMT and SHOP ...
FedEx Jan 04, 2021 7:47PM ET
FDX is following the stay home stocks direction ... at least that is the trend for the past 9 months or so... all stay home stocks (SHOP, ETSY, NFLX) are coming down now.. wait , till the news of covid cant be contained anymore in the US as hospital beds are running out.. thanks to all the wise guys not believing in masks.....
FedEx Dec 21, 2020 8:22PM ET
 i believe it will still go up.. i will start to be skeptical if it hits 330 too soon before April..i just went back in at 277. will dump them at around 325-330,  They are the main US vaccine transport carrier along with UPS.. so still has quite a bit of steam.. i believe it will still go up.. i will start to be skeptical if it hits 330 too soon before April..i just went back in at 277. will dump them at around 325-330,  They are the main US vaccine transport carrier along with UPS.. so still has quite a bit of steam..
FedEx Dec 21, 2020 7:46PM ET
bcos they refuse to give future earning guidance.. that means they are not confident either... we (traders) are mean SOB... we hit them hard... hahahaha...
FedEx Dec 20, 2020 8:04PM ET
short term target 300-325 is in the horizon... analyst predicts TP of 360 for long term (1 year)
FedEx Dec 15, 2020 7:36PM ET
i think it is still good buy until it reaches RSI 65
Meituan Nov 30, 2020 3:31AM ET
No... rebalancing portfolio at end of the month by fund managers... one of my favorite stocks.. i just took profit last Friday and bought a bunch more today
FedEx Nov 11, 2020 9:41PM ET
70B dollar company is not garbage... agree that it has gone to overbought situation when it hits 290 but now looks pretty decent..
FedEx Oct 16, 2020 5:17AM ET
stock price at 282 will put RSI at 83 which is overbought .. but Im guessing intraday can still hit 291 at best... im putting sell order at 288 today... will see how it plays out ... Go FDX
FedEx Oct 08, 2020 1:50AM ET
will break all time high tonight
FedEx Oct 02, 2020 6:59AM ET
with the POTUS covid case... it may not hit next level resistance 275 so soon...so close
FedEx Sep 27, 2020 8:17PM ET
This is the week to break new all-time high of  the old 274, come on FDX , do not disappoint us.....
FedEx Sep 21, 2020 8:14PM ET
sweet... it bounced quite strong at 234 support...still in uptrend mode..it may test RSI 63 just to complete the cycle...
FedEx Sep 21, 2020 4:52AM ET
Going towards 234 support level
FedEx Sep 16, 2020 11:16PM ET
 I am bullish for the stock for medium term (4-6 month) but for the shorter time period less than 3 months, technical suggests that it is due for correction... which means take profit I am bullish for the stock for medium term (4-6 month) but for the shorter time period less than 3 months, technical suggests that it is due for correction... which means take profit
FedEx Sep 16, 2020 9:03PM ET
It closed at 250.30 last night.. approx right on the resistance level of 251.. RSI now is at 79.8... there is still a little room for the next day trade to hit RSI 83 before it will plunge for technical correction.... it will land at $228 support level , sideways for couple days then continue to go down to $180
FedEx Sep 16, 2020 3:37AM ET
Conclusion:  yesterday's closing (Sep 15, 2020). FDX closed at 236.67, is at RSI 74.  Will it go up tonight? Yes, because Q1 earning eps beat market forecast vs LY ($4.72 vs $2.79 vs $2.84) How long will it last? Not long... RSI 83 is the extreme limit.  How far will it plunge? Next level support is at 228 but it may go into correction at 180 price point which is strong support level near EMA200 (Exponential Moving Aveage). History told us it can drop 40+% but Covid situation may change the game and it depends how FDX can either take advantage the situation or eaten up by the market.  Happy trading....
FedEx Sep 16, 2020 3:37AM ET
This is for medium term  Past history important stats: 1.All time high: $274.66 (Jan2018) 2. 52 week low which is also a 7-year low: $88.69 (March2020) When FDX reached all time high in Jan 2018, it hit the RSI 83 (overbought territory) then it plunged 45% within 1 year. It rebounded due to technical support in Dec 2018. The plunge was also contributed by the most ***ed up acquisition deal in the company history that failed to materialize any substantial savings. This was 2 years after 2016 acquisition. After Jan 2018 the stock struggled to break new high and continued to fall another 41% within 15 months to $88 (7-year low) in Mar 2020. This was contributed mainly due to massive market selloff during Covid scare.  Since Mar 2020, FDX has performed extremely well and climbed up by 172% merely in 6 months.
FedEx Sep 15, 2020 10:25PM ET
259 will be the resistance for short term
PG E Jul 01, 2020 4:50AM ET
RSI at oversold territory..