www.msn.com [/url ] FL is here on a 30 -minute chart. It fell badly after good earnings 3 weeks ago and has been resting in a narrow range for about half of that. A volatility squeeze released and some price action with corresponding increase in relative volume resulted. FL has about 50% upside to the price level before the last earnings. i am expecting a...
Foot Locker ( NYSE:FL ) finds itself in the spotlight as shares plummet by approximately 29% following the retailer's announcement of a profit outlook below Wall Street expectations for 2024. The dramatic drop in share price reflects investor concerns over the company's planned investments aimed at bolstering demand, which are projected to weigh on profit margins...
Key Takeaway 1. Foot Locker beat third-quarter earnings and sales expectations. 2. The shoe and apparel retailer said it expects better same-stores sales this year than it previously did. 3. Foot Locker has been hit by customers dealing with inflation and Nike’s focus on direct sales. Shares of Foot Locker rose today in premarket trading after the company...
Footlocker has been on a 36% run in the last 3 months following it's second miss on earnings for the year on August 23rd. During this time the stock as formed a rising wedge which could breakout to the downside on any negative news. They've been dealing with Macroeconomic headwinds, as well as a drastic decrease in sales due to customers spending less and less on...
FL represents a perfect storm of retail maladies, and recent PA shows historical supports providing little resistance to its downward thrusts. Weak buying coming in fits and starts. Not FA. Always DYOR.
FL on the 15-minute chart has indicators showing bullish divergence after the big drop on the earnings miss. The volume profile shows heavy trading volumes at the 15.60 level. I am looking for a long trade to the mid-fib level of $20.00. I will set a buy stop at $ 15.60 for when price crosses over the PCO line of the volume profile for a trade anticipated...
NYSE:FL had a pretty large gap downward following some pretty bunk earnings. Shoved the 1hr RSI right down into the buy zone and quickly had a bullish crossover. Volume shows that the bulls rushed in and shoved the price right back up into the gap. It had unusually high call volume yesterday, almost like people know gaps usually fill or something. Regardless,...
Foot locker 12months target price $32, strong resistance at $24
And its at rock bottom. type 2 return after a completed harmonic. I bought today.
FL has finally reached my level. Entry 1 at cmp Entry 2 will be revealed tonight.
Do not trade options. We should always try to protect our capital. I am going long near the levels discussed in the video. Observe what ever I am saying and then you can take your future decisions.
I will upload the video today but now we have confirmation for foot locker.Trade is imside the yellow box. DO NOT GO LONG AT CURRENT PRICE.
FL should consolidate and then should give an up move. I am expecting consolidation because there is too much selling pressure in it right now. Il analyze it properly in the video. Trade well,safely &wisely.
A strong trend line in green has emerged price is currently testing this level I use a cup and handle because I see the handle curving around like a handle does and providing upsides. This is shown with the bars pattern in green. I think price will bounce off major trend line.
Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 41.4/61.80%
Foot Locker - 30d expiry - We look to Sell at 46.97 (stop at 49.97) Trading has been mixed and volatile. 47 continues to hold back the bulls. 47.22 has been pivotal. Bespoke resistance is located at 47. Preferred trade is to sell into rallies. The medium term bias is neutral. Our profit targets will be 40.02 and 39.02 Resistance: 42.06 / 43.00 /...
Things to have in mind: I've highlighted a few historic values that most analysts have in their notes. Foot Locker reports their earnings Monday BMO: I'm anticipating the market will buy the surprise. The bandwidth is at a good value to "squeeze".
Foot Locker - 30d expiry - We look to Buy at 40.22 (stop at 37.96) Daily signals are bullish. Previous resistance, now becomes support at 40. 50 4hour EMA is at 40.43. Preferred trade is to buy on dips. A later spike higher was met with further selling interest and prices settled lower to post a negative day. A lower correction is expected. Our profit...