I know that I haven't had much to say about FedEx stock over the last few months. It has been in a trading range between the low of 145.08 to the 52-week high of 155.31. If we break below the 145 price level we could see prices travel to the 138-140 area. … [Read more...]
FedEx Stock Update – 6-16-2014
The commentary for 6-2-2014 stated: "We could see a pullback from the new 52-week high to be 141 price level over the next week or so." Last week FedEx reached the 141 price level and closed at 140.27 for the week. The possibility exists for FedEx to travel a bit lower this week to 138 price … [Read more...]
FedEx Stock Update – 6-2-2014
The commentary for 5-12-2014 stated: "If FedEx can close above 140 this week we could see upside movement toward the 144 area and perhaps see a new 52-week high in the next few weeks." Last week FedEx made a new 52-week high. We could see a pull back from the new 52-week high to the 141 price … [Read more...]
FedEx Stock Update – 5-12-2014
Last week FedEx has moved outside the trading range of 131 - 137. This range lasted for over a month. If FedEx can close above 140 this week we could see upside movement toward the 144 area and perhaps see a new 52-week high in the next few weeks. … [Read more...]
FedEx Stock Update–3-27-2014
Our last FedEx stock update was on 3-13-2014. At that time we stated that the possibilities over the the next week were the same as those we issued on March 4, 2014 1 – A close near or above the 138 level 2 – Downward price movement below the 134 price level On 3-19-2014 possibility … [Read more...]
FedEx Stock Update – 3-13-2014
Our last FedEx stock update was on 3-4-2014. We said that there were several possibilities for the stock over the next few days. Those possibilities were: 1 – A close near or above the 138 level 2 – Downward price movement below the 134 price level. Since 3-4-2014 FedEx has closed above 137, 5 … [Read more...]
FedEx Stock Update – 3-4-2014
There are several possibilities for price moves for Fedex over the next several days. 1 - A close near or above the 138 level 2 - Downward price movement below the 134 level. … [Read more...]
FedEx Stock Update
Over the last few months FedEx stock has pulled back from its rise from the lows of October 2013 to its highs in December 2013. The stock has basically been in a $5 trading range since the end of January. A close below 132.75 could see FedEx back at the 128 level over the next few … [Read more...]
The Dow Breaks Out To Approach Its All Time High
It is interesting to see that amongst all the news of doom and gloom around the world that the Dow is approaching its all time high. The month of September 2012 has seen the Dow make a new 52-week high. This is in marked contrast to back in 2009 when the Dow had dipped below 7000. If we listen to … [Read more...]
DOW Approaching Last Year’s Highs
The DOW has moved up nicely since the 2011 lows of October 2011. After moving in a large 1,000-point consolidation between the months of August – October 2011, the DOW began to make its move upward. … [Read more...]