FedEx is a 'bottom-fishing' stock heading into earnings, technical analyst says

  • 📰 CNBC
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 72%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

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."

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

TradingNation The state has entered into the political history of being a country but it is not possible to say that the state can survive and that the state is always charged with the drction of the crisis and the crisis will come espcially pltical prowess so if the stte probe cn stil be plyd

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 12. in SE

Sverige Senaste nytt, Sverige Rubriker