IvanLabrie

$FL: Everything lining up for a big move up

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IvanLabrie تم تحديثه   
NYSE:FL   Foot Locker, Inc.
$FL has a nice setup in basically every timeframe here, which suggests it could make a major move to the upside from here after next week. If it were to fall below $37 this setup would be invalidated for the most part, so watch out for that. Pays a 4% dividend, has an 11% earnings yield, and 0.42 price to sales ratio, with very low debt and actually producing EPS growth this year, it doesn't get much cheaper than this for a stock with potential upside. Definitely worth a shot here.

Best of luck!
Cheers,

Ivan Labrie.
تم إغلاق الصفقة يدويًا:
Probably ok to side step everything going into tomorrow...overnight might not be desirable until Powell and CPI data are out of the way.
تم فتح الصفقة:
Ready to move again
تم إغلاق الصفقة يدويًا:
Daily trade worked but weekly failed for now...Taking partial profits or trailing stop after the daily target was hit would have helped here, had I not waited for the weekly to pan out.
تم فتح الصفقة:

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