mikeffi
Long

anf dpoiuble bottom breakout to fil the gap

NYSE:ANF   ABERCROMBIE & FITCH CO
16 0 0
After post-earnings drop in Early march, there has been recovery and move higher in the sector and this stock. General analyst consensus seem to suggest significant under-valuation at current levels and the technical picture is now supporting that as a trading idea. Increased volume and a double bottom formation suggest a price point of $24 in the short term looks very possible.

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