Expeditors EXPD Stock & Option Trade Ideas

Based on the technical data for EXPD, here is an analysis for potential stock and option trades:

Bullish or Bearishness: The Moving Average Convergence Divergence (MACD) for EXPD has been consistently below the Signal Line, indicating a bearish trend. The Relative Strength Index (RSI) has shown some fluctuations but is currently in a neutral position.

Potential Trades:

• Stock Trade: Given the bearish trend, consider a short position on EXPD stock. Look for an entry point near the resistance level and set a stop-loss at a strategic point to manage risk.
• Option Trade: Consider purchasing put options on EXPD as a bearish strategy. Look for out-of-the-money put options with an expiration date that aligns with your trading outlook. Monitor the stock price movement closely for optimal timing.