I heard from my friend that they won from the stock pitch competition by pitching FL.
I am one of FL's loyal customer ... However, I've never thought that this stock made an OK run lately.
Anyway, as a growth seeker, I felt like FL's growth on Earning and sales are not as high as I would like to really go LONG on it. Though, it might be high enough and justified for this sector (EPS +22% YoY and Sales +7% YoY)
For this LONG set up, I will bet on a 50d MA rebound with moderate volume ( I really want to see higher volume)
*Earning due on 5/21/2015!!
I am one of FL's loyal customer ... However, I've never thought that this stock made an OK run lately.
Anyway, as a growth seeker, I felt like FL's growth on Earning and sales are not as high as I would like to really go LONG on it. Though, it might be high enough and justified for this sector (EPS +22% YoY and Sales +7% YoY)
For this LONG set up, I will bet on a 50d MA rebound with moderate volume ( I really want to see higher volume)
*Earning due on 5/21/2015!!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.