Nov. 4 at 2:27 PM
$FND
📉 Short Idea: Floor & Decor (
$FND)
The “housing boom” narrative is cracked.
Comps -7.1%, negative FCF, and chasing 500 stores in a frozen market.
Valuation still priced for perfection.
🎯 Targets:
$50 →
$45
💥 Trade setup below:
https://www.theresilienttrader.com/p/the-housing-bust-short-on-floor-decor-fnd