07.12.2015 - Foot Locker can change the negative trend in the near future

Price of Foot Locker continued to decline within the local descending trend and now is consolidating around the levels of 65.00. In case of breaking through the upper boundary of the channel, quotes will continue to rise to 68.00, the overcoming of which will be the basis for further growth of the price to 72.00 and 74.00. The fall is limited by the support at 64.00. Our medium-term outlook is positive, and in the near future we may see change in trend to a positive.

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