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yacine.ouldchikh
May 8, 2019 5:57 PM

Buying Foot Locker - Bullish Trend Channel Long

NYSE:FL1D
Foot Locker, Inc.NYSE

Description

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- NYSE:FL is rebounding off a bullish trend channel in place since the end of 2017
- MFI seems oversold and is looking for a rebound
- On a weekly chart, the stock bounced off its 200-week MA
- Risk-Reward of almost 3 with a 5% stop-loss
Trend AnalysisChart PatternsTechnical IndicatorsfootlockerBullish PatternsbuysignalTechnical Analysis
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