Traaaderz

ANF Good entry for pre earnings play

Long
NYSE:ANF   Abercrombie & Fitch Company
ANF is currently oversold according to the daily stochastic indicator and 200 day MA. However it overcame the 50 day MA, and is above both the daily Ichimoku Cloud and the weekly pivot P. In addition there is a bullish crossover on the stochastic.
The target is .786 fib = 18.00 which also lines up with the 200 day MA.

Target =18.00 (+4.66%)
Stop loss = 17.00 (-0.87%)
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