3Yr·

https://www.tradingview.com/x/gFjWgo4X/

Absolutely bullish chart, textbook. Perfect double bottom formed, the two green arrows mark the low, double bottom confirmed with yesterday's candle, now rising again.

Bought in the pre-market and it is shooting straight up. Significantly higher prices possible with the setup. If it also cracks $49 there is room up to $56 which would be 20%.

26.01

Foot Locker

Bought at €41.14

15 Comments

SharkAce@SharkAce

3Yr

If that works, I'll start learning trading signals... or just buy everything later

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Lorena@Lorena

3Yr

@SharkAce you can take part in a TA lesson with @leveragegrinding, it will certainly be great fun 😵‍💫😵‍💫

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SharkAce@SharkAce

3Yr

@Lorena Before I do that to myself, I'll pay dronix for his private number...

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Nicolas Professioneller Rolls Royce Großaktionär Coole Leute: @leveragegrinding, @SharkAce und @Lorena(aber die ist nen bisschen schüchtern)@getquinfuermerchverkauft

3Yr

@SharkAce Date time, kinda nervous👀

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Lorena@Lorena

3Yr

@SharkAce I'll sort out the number for you, I have connections 😏

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SharkAce@SharkAce

3Yr

@Lorena I see myself in the little Redditer 🤤

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SharkAce@SharkAce

3Yr

@getquin this is all new territory 😵‍💫

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Moritz@leveragegrinding

3Yr

@SharkAce I feel sorry for him

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SharkAce@SharkAce

3Yr

@leveragegrinding jealous?👀

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Tschisch@Tschisch

2Yr

@SharkAce and are you starting ? 😂😂

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SharkAce@SharkAce

2Yr

@Tschisch i think the trade went down the drain :D

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Deleted User

2Yr

Comment was deleted

dronix111@dronix111

2Yr

@Snice So first of all, FL is not at 38? We closed Friday at 43.8. Secondly, we have a crisis in Ukraine, the Fed is going crazy, the VIX is over 30, the indices are correcting in a highly volatile manner. Of course, the analysis has not (yet) turned upwards, but you have to keep an eye on the market as a whole. Everything is going down and is volatile as anything, so you can't expect any individual stock to go through the roof. When the market as a whole falls, everything falls. Nevertheless, my purchase was relatively okay, because while even individual indices have corrected significantly in some cases, Foot Locker has even remained quite stable at the level shown in the picture.

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Deleted User

2Yr

Comment was deleted

dronix111@dronix111

2Yr

@Snice The euro exchange rate was never considered here. This is a US value. You look at the USD exchange rate, as I did in the analysis. The euro exchange rate is completely irrelevant for US equities.

I honestly don't know the time horizon. Of course I would have liked it to go straight up. But it didn't happen that way and the market as a whole decided to correct. And it did so quickly and sharply. That's why I think it's pointless to sell anything at all at the moment. That's why I'm holding. Because the situation could improve again at any time, just as quickly as it has deteriorated. In my opinion, now is simply not the time to sell anything; on the contrary, it's better to buy somewhere cheap. With VIX > 30, the markets are so unpredictably volatile that I'm not really doing anything at the moment. I do nothing and wait and see. I'm waiting until the situation has calmed down, the vola goes down and we find a clear direction again. That's why I'm holding. How long will that take? I don't know.

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