SELL! FDX CORP (FDX) NYSE

  Report No. 731    Analysis by: Harry Aloof     FEBRUARY 18, 1999

FDX CORP (FDX-NYSE): Technical Viewpoint: From a high of $69 1/2 on Dec 14, 1998 prices declined, reaching a low of $93 1/8 on Dec 23, 1998. A rally saw prices pull back, reaching a high of $75 7/8 on Jan 25, 1999. Another decline saw prices penetrate support, closing 2/17/99 at $85 3/8. Technicals: MACD Index (MACD): A Sell Alert! was given on Feb 17, 1999 when the solid line crossed the dotted line to the upside. Support: Remains at $81 1/4. Resistance: Is at $86 1/4. Point & Figure: Reversed to the downside on Feb 17, 1999. A P&F downside reversal takes place at $83.00. Summary: Technical indicators have turned bearish. SELL! FDX CORP (FDX-NYSE) @ $86 1/6 Stop: Use a protective stop of $83 1/4. FDX CORP is currently trading @ $85 3/8 minus $1 7/8 on Feb 18, 1999. Price Objective: $102 1/2. Risk/Reward: $3.00 VS. $16 1/4. Today's Risk Reward Ratio: 5:1

Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study

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Price Objective:
$102 1/2 Risk/Reward:
$3.00 VS. $16 1/4 Risk/Reward Ratio:
5:1
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