payungabam

Mark Minervini's Style Analysis

Long
NYSE:ANF   Abercrombie & Fitch Company
bought on 4th Jan at point:
1) price -consolidate very close to EMA21 even EMA50
2) volume -very well under the average
3) atr -was decreasing
4) on that day, volume were double than prev. day

might:
EP: prev. day high ($20.94)
SL: $19.64 (6.21%)

TREND must be in order!!
-small one above the bigger one
-EMA200 was up for a month
-price doubled in the last 6 months
-recent correction: 20%

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