Intraday Technical Analysis Of FedEx - Tuesday, June 20

Jun 20, 2023 at 5:54 AM EDT

Spotlight on FDX. AAATrade's intraday technical analysis reveals a fresh and insightful perspective on their trading today. Check it out.

Hello Traders and welcome to AAATrade’s Intraday Technical Analysis session.

Today’s instrument is the FedEx corporation traded in NYSE under the ticker FDX.

Looking at the FDX chart, we can see that it has been in an uptrend as it was lastly traded at around $233.57.

Today, it is announcing its quarterly earnings and if the market’s anticipation is positive then it should test its 52W high price at $248.76. On the other hand, it could drop towards the support level which is located at around $218.

Thank you for watching AAATrade’s Intraday Technical Analysis.

From all of us here, we wish you successful and responsible trading.

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AAATrade's Intraday Technical Analysis of FedEx - 20/06/2023

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