Federal Express stock long-term bullish bias

FedEx Corporation stock analysis. Federal Express provides transportation, e-commerce, and business services worldwide. Its FedEx Express segment offers shipping services to deliver packages and freight.

As supply and demand stock traders, we are expecting the elimination of the strong weekly supply level located around $158. Will that happen anytime soon? Probably. There are new strong bullish impulses on the weekly timeframe; we should not think of selling short Federal Express shares in a long-term uptrend.

If you are a stock options trader, avoid using bearish option strategies to trade Federal Express stock. Use this long-term supply and demand stock analysis to buy shares of the stock in smaller timeframes or use other stock trading strategies.

Federal Express Stock forecast

Federal Express FedEx Stock price action analysis using supply and demand strategy

This is the kind of price action technical analysis you will learn in our trading community. You will learn how to locate new supply and demand imbalances and trade without using any indicators, no news, no fundamental analysis, no earnings announcements, no volume or VSA analysis. Just supply and demand imbalances.

Trading supply and demand imbalances is ideal for beginners and those with a full or half time job, you won’t need to stay in front of the computer all day long trying to move price action with your mind. 

As supply and demand traders, we do not need to pay attention to the news, fundamentals or any earnings reports. Once a big timeframe imbalance has gained control, earnings do just the opposite and react strongly to those imbalances. Why do you see positive earnings and then the underlying stock drops like a rock, or a negative earnings announcement and the stock rallies like a rocket out of control? You are probably missing the fact that there are big imbalances in gaining control.

Unless you are doing very short-term trading and scalping, you should not worry about fundamentals or earnings announcements for Federal Express.

You can use these imbalances to plan your trades in lower timeframes. Trading is just waiting for the right trigger points and scenarios to present themselves, this game has got a name and it’s called the waiting game. We need to patiently wait for the correct scenarios and setups to happen and wait for the price to pull back or dip into the price levels we want to trade, in our case these price levels are made of supply and demand imbalances.

Join our supply and demand stock trading course to learn how to use our supply and demand trading strategy.

There are several ways of buying stocks and futures. When trading stocks, you can buy shares of the underlying stock or use options strategies to go long or short at these specific supply and demand levels, long calls or long puts or spreads. You can even buy a CFD (contracts for difference) if you are in a country where it’s allowed.