FL turning bullishMomentum swinging to the bullish side Oversold and engulfing candle today Longby WBG204
Long on FL Been oversold needs to go up, and the lines are where you can add more to the swing or take profit! good longLongby UnknownUnicorn20529017
Foot Locker LongPrice nicely broke to the upside of what it appears to be an ascending triangle, Goo opportunity for longs . Those formations - ascending triangles - are bullish with the uptrend reaching the length of the base of the triangle that the price broke out from . Surprisingly in this occasion that 's the length required to fill the gap looking left after that huge sell off . Longby django21
Foot Locker Inc. good Fundamentals - a BUYFoot Locker Inc. Cyclically adjusted earnings yield: 11% Dividend yield: 3.5% Cash flow yield from operations: 21% Cash flow yield TTM: 12% Growth yield: 19% Return on net tangible assets: 18% Return on invested capital: 20% Growth of revenue: 5.3%Longby aliontrading8
Volume Dried Up & A DogI have been saying this is going down all week and have been incorrect even as there have been higher prices on lower volume. Today for first two hours of trading there was absolutely no volume. Opened up the following SEP 13 $38 PUT @.19 11x SEP 13 $35 PUT @ .05 3X At this point if it isnt going down with this set I dont know what to think. I'm also trying to think why anyone would want to own this stock long term. I can not remember either my wife, kids or myself went to a FL. Shortby grubby12204
FL Pennant & DivergentNot only is FL in a bear pennant formation it is now divergent. Multiple other reasons to be down on FL, just do not see it sustaining recent increase especially with dwindling volume and divergence. Shortby grubby12209
FL Bearish Pennant Ok first of all no comments on the Van Gogh li,e drawing please.Its late and I’m no,good at graphs. But I gave no doubt that FL is set up perfectly for bearish pennant with exit price price around 25-28. I will be opening 100 SEP 20 31. If you look at this strike price you will see OI of over 11000 so thinking someone know,something. In terms of Pennant look at form and also look at massive volume drop off over last few days. Don’t know when will happen but will be before September 20Shortby grubby1220Updated 6
FL Lower WedsWhen looking at FL set up for a down day Wednesday-just hope it does not gap down Will open 10 $34 SEP 6 PUT with limit of .65 Looking for drop to of between $29-$31 over next 6 trading days. Decent divergence for EOD trading and generally leads me to believe will "Catch-Up" in the AM. Also, while not a very clear or perfect Pennant, Pennant shape forming up for move lower See how it plays out. Shortby grubby1220Updated 116
FL Short trade reviewI had two great short trades on FL today just riding the momentum. Here's what got me into the trade, and what got me out of itShort14:45by McGuireTO119
$FL BULLISH SIGNALS IN FOOT LOCKER PRE EARNINGS======SHORT TERM PRICE TARGET $45-$52=======. COMPANY PROFILE Foot Locker, Inc. engages in the retail of athletic shoes and apparel. It operates through the Athletic Stores and Direct-to-Customers segments. The Athletic Stores segment sells athletic footwear and apparel under the Foot Locker, Lady Foot Locker, SIX:02, Kids Foot Locker, Champs Sports, Footaction, Runners Point, and Sidestep brands. The Direct-to-Customers segment includes Footlocker.com, Inc., Eastbay, Inc., and international electronic commerce businesses. The company was founded on April 7, 1989 and is headquartered in New York, NY.Longby Bullishcharts8
FOOTLOCKER LONG INTO EARNINGSWe have here a retailer with a P/E AND P/S that puts the rest of the market to shame. We HAVE to ask ourselves when do the value investors step in? I believe that question will be answered on AUG.23rd on the back of this companies earnings. They lowered expectations and with 60% of their sales coming from Nike and with Nike beating earnings this is a good bet. I see a 17% upside on the back of good earnings. Stop loss at 36, Take profit at 47. Good luck.Longby cryptorichhh3
Long $FL FootLocker into earningsWith the fed meeting and then china trade talks starting backing up, Footlocker looks primed for a bounce into earnings. Do your own DD. I'm playing the long side with calls on today's dip. Goodluck. FLLongby StockPickingEnthusiast222
Strong SupportHopefully this time I will get the Footlocker managed. We may rest at te long term support now.Longby motleifaulUpdated 0
Foot Locker got its Ass kicked but might be soon ready to runn Foot Locker got to feel a beat up and an overal market over reaction for stocks that missed earnings, even if it missed tiny. The stock dropped more than 30% in two weeks and we are getting close to an open gap at around 32$ with a nice trend line support. In this enviroment the markets react multiple times stronger than usual, so we still need to be carefull and invest small. Only my oppinion so make your own research. May the markets be with youLongby derfreietrader3
Correction DueWe have made a fall from over 56 and saw a bottom building. A bigger upward correction would make sense.Longby motleifaulUpdated 1
Gapping DownWe just gapped down at the opening and may see some further decline today.Shortby motleifaulUpdated 0
$FL BUY RATING AND $73 PRICE TARGET 30% UPSIDEJust as NYSE:UAA and NYSE:NKE have been treated to upgrades, it was NYSE:FL turn today. It really comes as no surprise as consumer sentiment had greatly improved in the first quarter in comparison to the 4th quarter of 2018. B. Riley raised price target for Foot Locker, Inc. from $62 to $73. Foot Locker shares closed at $55.47 on Thursday. We will not be jumping in at this level until a few resistance levels are broken, $60 looks like a appealing long entry point. Average price target $70 Average rating Overweight COMPANY PROFILE Foot Locker, Inc. engages in the retail of athletic shoes and apparel. It operates through the Athletic Stores and Direct-to-Customers segments. The Athletic Stores segment sells athletic footwear and apparel under the Foot Locker, Lady Foot Locker, SIX:02, Kids Foot Locker, Champs Sports, Footaction, Runners Point, and Sidestep brands. The Direct-to-Customers segment includes Footlocker.com, Inc., Eastbay, Inc., and international electronic commerce businesses. Longby RedHotStocks115
Buying Foot Locker - Bullish Trend Channel- 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-lossLongby yacine.ouldchikh0
$FL Foot Locker is Nike's best friendIf you like Nike, YOU SHOULD LOVE FOOT LOCKER, the tend to move in a very similar pattern. FL sells at a very reasonable P/E 13 while NKE has a 33P/E, we have every confidence that we will see the price move to fill the gap at $70 before continuing to a all time high of $78. Consumer confidence and spending statistics have recovered from a poor 4th quarter of 2019. Staying long unless we break down below $60 where we will reassess our position. Longby RedHotStocks6