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Forrestersig
Aug 25, 2023 2:09 PM

Footlocker already filling it's gap. Long

Foot Locker, Inc.NYSE

Description

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, it has decent potential for some nice little short term gains.
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