NYSE:ANF   ABERCROMBIE & FITCH CO
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• For last seven month stock price remained in tight channel between 31.72 USD and 38.89 USD and recent breakout from this range, supported by higher volume , suggest about possible changes in the market and positions the share for next move up.
• By comparison the ensuing pullback after recent breakout has been shallow and driven by lighter volume , suggesting that selling pressure is limited and places shares at an attractive entry point near breakout.
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