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
- FOOT LOCKER, INC. TO PRESENT AT THE J.P. MORGAN 10TH ANNUAL RETAIL ROUND UP CONFERENCE • PR Newswire (US) • 03/27/2024 10:45:00 AM
- Masimo Shares Up, Foot Locker Upgraded • IH Market News • 03/25/2024 01:30:18 PM
- FOOT LOCKER, INC. NAMES CINDY CARLISLE CHIEF HUMAN RESOURCES OFFICER • PR Newswire (Canada) • 03/13/2024 12:00:00 PM
- FOOT LOCKER, INC. NAMES CINDY CARLISLE CHIEF HUMAN RESOURCES OFFICER • PR Newswire (US) • 03/13/2024 12:00:00 PM
- Tesla Exits Market Top 10, Victoria’s Secret Stock Tumbles 30% on Weak Forecast • IH Market News • 03/07/2024 10:43:17 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/06/2024 12:00:19 PM
- FOOT LOCKER, INC. REPORTS FOURTH QUARTER 2023 RESULTS; ISSUES 2024 OUTLOOK • PR Newswire (US) • 03/06/2024 11:45:00 AM
- U.S. Stock Futures Gain Ahead of Economic Insights; Oil Prices Climb • IH Market News • 03/06/2024 11:02:03 AM
- FOOT LOCKER, NIKE, AND JORDAN BRAND JOIN FORCES TO LAUNCH THE CLINIC DURING NBA ALL-STAR 2024 • PR Newswire (US) • 02/15/2024 01:00:00 PM
- Form 5 - Annual statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/09/2024 09:04:51 PM
- FOOT LOCKER, INC. TO REPORT FOURTH QUARTER FINANCIAL RESULTS ON WEDNESDAY, MARCH 6 • PR Newswire (US) • 02/07/2024 11:45:00 AM
- Foot Locker, Dick's Shares Slide After Warning From Nike • Dow Jones News • 12/22/2023 12:15:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 12/06/2023 09:23:46 PM
- Pre-Market Surge for Snowflake, Salesforce, Nutanix; ASML’s New CEO; Occidental’s CrownRock Negotiations • IH Market News • 11/30/2023 11:36:49 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/29/2023 12:00:16 PM
- FOOT LOCKER, INC. REPORTS 2023 THIRD QUARTER RESULTS; NARROWS 2023 OUTLOOK • PR Newswire (US) • 11/29/2023 11:45:00 AM
- Amazon Unveils Innovative Services, Okta Discloses Data Breach, Textron Plans 2% Global Workforce Reduction, and More • IH Market News • 11/29/2023 11:18:11 AM
- Keep An Eye Out: Pre-Market Movers And Analyst Recommendations • IH Market News • 11/27/2023 12:19:24 PM
- Monday’s Wall Street Highlights: Walmart, Disney, Lloyds Banking, Mitsui Financial, HSBC, and more • IH Market News • 11/27/2023 11:29:25 AM
- NBA AND FOOT LOCKER ANNOUNCE MULTIYEAR PARTNERSHIP • PR Newswire (US) • 11/16/2023 04:41:00 PM
- NBA AND FOOT LOCKER ANNOUNCE MULTIYEAR PARTNERSHIP • PR Newswire (Canada) • 11/16/2023 04:41:00 PM
- FOOT LOCKER, INC. TO REPORT THIRD QUARTER FINANCIAL RESULTS ON WEDNESDAY, NOVEMBER 29 • PR Newswire (US) • 11/08/2023 11:45:00 AM
- FOOT LOCKER UNVEILS NEW GLOBAL PLATFORM - THE HEART OF SNEAKERS • PR Newswire (US) • 11/06/2023 01:15:00 PM
- FOOT LOCKER UNVEILS NEW GLOBAL PLATFORM - THE HEART OF SNEAKERS • PR Newswire (Canada) • 11/06/2023 01:15:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/30/2023 08:18:01 PM
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Cannabix Technologies Begins Certification of Contactless Alcohol Breathalyzer, Re-Brands product series to Breath Logix • BLOZF • Apr 16, 2024 8:52 AM
Kona Gold Beverages, Inc. Acquires Surge Distribution LLC from Loud Beverage Group, Inc. (LBEV) • KGKG • Apr 16, 2024 8:30 AM