$FL has a nice setup in basically every timeframe here, which suggests it could make a major move to the upside from here after next week. If it were to fall below $37 this setup would be invalidated for the most part, so watch out for that. Pays a 4% dividend, has an 11% earnings yield, and 0.42 price to sales ratio, with very low debt and actually producing EPS growth this year, it doesn't get much cheaper than this for a stock with potential upside. Definitely worth a shot here.
Best of luck!
Cheers,
Ivan Labrie.
Best of luck!
Cheers,
Ivan Labrie.
Trade closed manually:
Probably ok to side step everything going into tomorrow...overnight might not be desirable until Powell and CPI data are out of the way.
Trade active:
Ready to move again
Trade closed manually:
Daily trade worked but weekly failed for now...Taking partial profits or trailing stop after the daily target was hit would have helped here, had I not waited for the weekly to pan out.
Trade active:
