derfreietrader

Foot Locker got its Ass kicked but might be soon ready to runn

Long
NYSE:FL   Foot Locker, Inc.

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 you

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