Wednesday, June 07, 2017 12:15:54 PM
One of the leading retail companies of athletic shoes and apparel is Foot Locker Inc (NYSE:FL). The stock has been selling off since late April 2017. At that time, the stock traded as high as $77.86 a share. Today, the sports apparel retailer is trading at $55.35 a share. FL stock also tumbled by about 15.0 percent after reporting earnings on May 19th, 2017. The stock has been steadily declining since that earnings release.
Traders and investors should now watch the $50.00 to $51.00 area for the next major support level. This is a solid double bottom chart level from June 2016. Often, prior support levels from the past will also be support by the institutional money when retested. This is a chart level where traders should look for a bounce in the stock.
Nicholas Santiago
InTHeMoneyStocks
Recent FL News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 09/11/2024 08:11:08 PM
- Foot Locker Celebrates 50 Years of Sneaker Leadership with Exclusive Collection and Celebration Throughout September • PR Newswire (US) • 09/05/2024 12:00:00 PM
- Big Lots Falls 27%, Considers Bankruptcy; DraftKings Acquires Simplebet, Berkshire Hits $1 Trillion • IH Market News • 08/29/2024 10:06:50 AM
- FOOT LOCKER, INC. TO PRESENT AT THE GOLDMAN SACHS 31ST ANNUAL GLOBAL RETAILING CONFERENCE • PR Newswire (US) • 08/28/2024 08:05:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/28/2024 01:03:36 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/28/2024 11:00:13 AM
- FOOT LOCKER, INC. REPORTS SECOND QUARTER 2024 FINANCIAL RESULTS; REAFFIRMS 2024 OUTLOOK; ANNOUNCES STRATEGIC UPDATES IN SUPPORT OF LACE UP PLAN • PR Newswire (US) • 08/28/2024 10:45:00 AM
- U.S. Futures Edge Up as Nvidia Earnings Loom, Oil Prices Slide • IH Market News • 08/28/2024 09:52:22 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/27/2024 01:53:19 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/26/2024 11:08:13 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/23/2024 01:08:37 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/22/2024 01:09:44 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/20/2024 08:05:18 PM
- FOOT LOCKER, INC. TO REPORT SECOND QUARTER FINANCIAL RESULTS ON WEDNESDAY, AUGUST 28 • PR Newswire (US) • 07/31/2024 10:45:00 AM
- BP Slashes Profit Forecast by $700 Million; Morgan Stanley Predicts S&P 500 10% Drop, and More News • IH Market News • 07/09/2024 10:54:32 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/08/2024 08:16:11 PM
- FOOT LOCKER REIMAGINES SNEAKER SHOPPING EXPERIENCE WITH FLX REWARDS PROGRAM RELAUNCH • PR Newswire (US) • 06/25/2024 12:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/14/2024 08:05:36 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 06/12/2024 08:13:29 PM
- Kohl’s, UiPath Shares Down, Foot Locker and Okta Should Rise • IH Market News • 05/30/2024 01:13:06 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/30/2024 11:00:12 AM
- FOOT LOCKER, INC. REPORTS FIRST QUARTER 2024 FINANCIAL RESULTS; REAFFIRMS 2024 OUTLOOK • PR Newswire (US) • 05/30/2024 10:45:00 AM
- Form SD - Specialized disclosure report • Edgar (US Regulatory) • 05/28/2024 08:22:38 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/23/2024 08:09:17 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/22/2024 08:56:23 PM
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