$FL got slammed for guidance but earnings beat. Modified my chart - should have seen this coming - 5 year trend line, vol shelf, wedge all converging at the same point - needs to bake a bit longer. NYSE:FL
It could pivot here if it flips old resistance. There is no edge at the moment and if it falls there is a lot of downside (levels in green). FL as a buy is fake news. Wait for a double bottom or a higher low.
FL 15 min breakdown after missed earnings Shorting into the 2/5/15 min opening range break using the high of the breakdown candle pivot to manage risk against Can also manage risk against high of day Stock must be breaking the range down on increased RVOL with the negative catalyst The increased volume on the range when it is breaking down and expaninding in the...
Earnings watch 2/25 pre-market: FL EOG LI NOG MGI OCGN DSX VST TREE IEP Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends... *3x lucky 7s of...
Bullish outlook for gains at 44.10, then 46.62 and 48.92. Invalidation at 36.19. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and...
Key takeaways: - Undervalued at the moment. - Analysts growth estimates at 39% over the next 5 years. - Aggressive share buy back by the company over the last 5 years. According to Gurufocus, FL's 3 year share buyback ratio is higher than 98% of companies in the retail/cyclical industry. - Dividend stock. (I am not dividend focused, as I believe more money...
Broke down from Cup & Handle on earnings Looking for reversal from trendline
So long as FL trades within the range within this box, it will be a winner.
Holiday retail swing. Following the trendline nicely and confluence of 200 sma, trendline support, 1.618 fib reversal level off the weekly
Consolidating at the top of the range, price-imbalance will most likely lead to FootLocker breaking out of channel towards 64.
expiration: SEP 17 2021 (58 DTE) order: -1 * 50 put (delta -0.17) -1 * 70 call (delta 0.16) for 1.87 net credit @ 58.74 BPR $589 IVR 39.4 PoP 73% P50 90% expected move 51.00-66.00 net delta 0.69 target: 52% max profit note: earnings on 8/20
From all my technical analysis i came to the decision that $FL is going bullish in a couple of day!
FL has a D/E of 0.00 (macrotrends) and a C/R of 1.73 (macrotrends). My analysis shows a long term down trend in a solid looking channel. Down trends of same or very close lengths -49-50 on tradingviews ruler function. Equally, the uptrend show the same at around +39. Now unless FL breaks out of this long down trend imo its set to continue as normal back down to...
FL is pushing hard against the long term trendline. Stimulus and reopening of the economy are obvious stimulants. Alert set at $58.00 for a potential scale in entry
- TREND ANALYSIS - 📑VALUE: 16/20 📈GROWTH: 0/20 💰PROFITABILITY: 16/20 🚀MOMENTUM: 14/20 💸EARNINGS: 14/20 🖇️TOTAL SCORE: 60/100
Nice bounce at the kijun potentially printing a higher high from here
As vaccine distribution continues, Consumer/Retail Discretionary should be an outperforming sector for 2021. The retailers who are expected to contribute to this growth are those who offer an excellent online AND brick-and-mortar experience. Retailers are now in a context where they can grow without needing to expand their physical footprint. My strategy is to...
Potential gap fill trade setup. Alert set for break above $48.00 Target price $52.00