Buying Foot Locker - Bullish Trend Channel
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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
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
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