Abercrombie & Fitch is showing signs of no demand and selling. This is a good shorting opportunity, especially if you are bearish on the market. Watch the video for full explanation and analysis youtu.be
Typically this far into a symmetrical triangle is not good for continuation
Price has popped abv the 23.6% Fib in P/M action after earnings
Seeing some consolidation at the 36.7 resistance, with a divergence appearing on the stochastic. A&F targets the teen crowd who mostly can't afford the clothing line. Chances are if you know someone that does shop @A&F, they're a royal douche...so go short?