19.08.2016 - Price of Foot Locker is trying to change the negative trend to the positive

Price of Foot Locker has broken through the inclined resistance line and approached the important resistance level at 62.10, after overcoming of which growth may continue until 63.75 and 68.20. In case of correction, the quotes will return to the support level at 59.15 and the bottom of the channel. According to our forecasts, the price may continue to rise in the near future, but the probability of decline in the medium term remains high.

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