0.00Open0.00Pre Close0 Volume0 Open Interest28.00Strike Price0.00Turnover0.00%IV68.17%PremiumApr 17, 2025Expiry Date0.00Intrinsic Value100Multiplier0DDays to Expiry0.00Extrinsic Value100Contract SizeAmericanOptions Type--Delta--Gamma4.06Leverage Ratio--Theta--Rho--Eff Leverage--Vega
Direxion Daily Transportation Bull 3X Shares Stock Discussion
Rebound or Breakdown?
The long-term technical picture for FDX is looking quite appealing. The price action has been almost perfectly following the support and resistance of the price channel seen in the chart below.
If this trend continues, then we will see a rebound in the charts very soon and a long position could be a good idea. If we don't see a rebound at support and the price action makes lower lows, then a long position might be a bad idea at that...
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