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FL Poised For Another Correction

Member @ruben shared a handful of short candidates in the trading earlier today, several of which I agree look like attractive shorting opps, either at this time or pending a sell signal. I'll follow up with some of the other charts either on the front page or within the trading room but wanted to share [...]

May 4, 2017 3:31pm|Categories: Unofficial Short Ideas|Tags: |Comments Off on FL Poised For Another Correction

FL Final Price Target Hit for 22% Gain

The FL (Foot Locker Inc) short trade has hit the final target (51.60) for a 23.2% profit. Despite my bearish outlook for the broad market, the R/R no longer warrants remaining short in FL as the stock is at major support with bullish divergences in place. Consider booking full profits as FL will now be [...]

Jun 24, 2016 11:27am|Categories: Completed Trades - Short|Tags: |Comments Off on FL Final Price Target Hit for 22% Gain

FL First Price Target Hit for 12% Gain, Trailing Stops

The FL (Foot Locker) Active Short Trade has now hit the first target for a gain of 11.8% in just over 2 weeks from entry. Consider booking partial or full profits and/or lowering stops, depending on your trading plan. FL daily Nov 13th Trading Tip: Yesterday in the Trading Room, I had posted [...]

Nov 13, 2015 10:15am|Categories: Completed Trades - Short|Tags: |Comments Off on FL First Price Target Hit for 12% Gain, Trailing Stops

Shorting FL

FL (Foot Locker Inc) offers an objective short entry on this backtest of the uptrend line generated off the November 2013 lows following the recent breakdown. T1 is 59.30 & T2 is 51.60 with a suggested stop on a daily close above 71.60. FL daily Oct 29th

Oct 29, 2015 10:56am|Categories: Completed Trades - Short|Tags: |Comments Off on Shorting FL

Trade Ideas Updated

I've spent some time in updating both the Trade Setups category as well as the Active Trades category.  Trade Setups are trade ideas that are either currently offering an objective entry, such as an active long trade that has pulled back to support, for example.  Stocks or ETF's that are setting up in a bullish [...]

Aug 13, 2013 2:47pm|Categories: Completed Trades - Short|Tags: , , , , , , , |Comments Off on Trade Ideas Updated
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