Fed Ex FDX released earnings after the closing bell this afternoon,
and the stock immediately dropped 5 % to 172.50 in after hours trading
on the companies forecast of markedly slower world demand for shipping in 2019.
It is most interesting to note that Fed Ex stock peaked at 275 a share
way back in Jan.2018,and has been falling almost straight down ever since.
2019 rally in the market simply brought FDX back to overhead chart resistance,
before recently rolling back over again, prior to the poor earnings announcement today.
FDX Last 181.41
THE_UNWIND
3/19/19 St.Joseph's Day
Mountains/New York
and the stock immediately dropped 5 % to 172.50 in after hours trading
on the companies forecast of markedly slower world demand for shipping in 2019.
It is most interesting to note that Fed Ex stock peaked at 275 a share
way back in Jan.2018,and has been falling almost straight down ever since.
2019 rally in the market simply brought FDX back to overhead chart resistance,
before recently rolling back over again, prior to the poor earnings announcement today.
FDX Last 181.41
THE_UNWIND
3/19/19 St.Joseph's Day
Mountains/New York
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.