FedEx (FDX Stock) announced a better-than-expected quarterly earnings


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

Looking at the FDX’s chart, we can see that it was lastly traded at around $164.

Last night it announced a better-than-expected quarterly earnings and today we should expect the price to rise towards its resistance level which is located at around $176.50.

Chart

Risk warning: Trading is risky. Information presented herein, is not to be constructed as a solicitation or an offer to buy or sell any Financial Instrument or to participate in any particular trading strategy. FedEx’ Corporation logo and any associated brand names are FedEx’ Corporation trademarks. All other trademarks are property of their respective owners.

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Trading is risky. Information presented herein is not to be construed as a solicitation or an offer to buy or sell any Financial Instrument or to participate in any trading strategy. We also offer CFD products. 72.13% of retail CFD accounts lose money. CFDs trading is risky and your entire capital might be at risk. Information presented herein is not to be construed as a solicitation or an offer to buy or sell any Financial Instrument or to participate in any trading strategy.

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