NYSE:ANF - many bullish indication and price action. Possible resumption of Stage 2 uptrend Teal moving average line is 30MA Bottom panel: Mansfield Relative Strength
getting new is old again , but chart looks great , not like one's woke things .. They are back with style
Analyzing the options chain of ANF Abercrombie & Fitch prior to the earnings report this week, I would consider purchasing the 23usd strike price Calls with an expiration date of 2023-5-26, for a premium of approximately $1.55 If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking forward to read your...
THE CONSISTENT TRADES analyze ANF as a bearish/weak fundamental stock and therefore would be traded only in a short position. ANF daily is in a rising wedge pattern which after the breakout is very bearish. On Friday it shot up but got rejected from the trendline and formed a shooting star reversal pattern. Volume does not confirm this price action which is...
-INTRODUCTION- Everyone’s favorite clothing company Abercrombie & Fitch is tanking. The stock gapped down to the $18.50 level after a bad earnings annoucement this week. Therefore, we will look for sell entries after a retracement. -TRADING PLAN- ANF is moving in a downtrend, making lower lows and lower highs. We currently have a gap at the $26.00 level. Current...
$ANF Double tops with bearish flag forming ! - Double tops on the weekly - Perfect entry on the bear flag
ANF currently sitting below a strong resistance zone, If we break above calls/shares can keep paying. target 33,03-31.82 if we break trendline support, this is the most likely scenario in my opinion.. Like and follow for more! 💘
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: $19.64 (6.21%) TREND must be in order!! -small one above the bigger one -EMA200 was up for a month -price doubled in the last 6...
3 Months : symetrical triangle => bearish 1 Month : symetriclal triangle => bearish 5 Days : descending triangle => bearish 1 Day : descending triangle => bearish ----- I'll wait until consolidation between 31.50 and 32$, then maybe open a long position. There's a divergence on a 1 month period: volume is increasing at buy and RSI is neutral, so my chart...
NYSE:ANF setup: MACD crossing up Bullish bar today broke the trend line 20 EMA crossed above 50 EMA and they are both accelerating up together 3 bottoms since August Enter above today's high at 39.87 Stop under today's low at 38.42 (More conservative stop is under local low at 36.82) Take profit just under July high at 47.12 Risk/Reward ratio of 5.0
By breaking through the resistance 39.00, the falling wedge pattern is confirmed Buy target 47.29 Stop losses if it closes below 36.00
On the monthly, we can see a double bottom pattern breakout that has yet to back test the previous resistance which happens more often than not. The daily H&S pattern gives us an implied move to do exactly this before moving up again. I would be more of a buyer in that 29-30 range if it can should support here. Should see an ABCDE Descending Triangle Wave...
ANF has a H&S pattern on the daily with an RSI trending under 50 and MACD under 0. If able to breakdown below the neckline, we should see an implied move towards 29-30 where 30.10 represents an old resistance area that should now have good support. Daily timeframe Short Term: Bearish
ANF touched the lower bandwith of the uptrend... Speculative long position was opened with only 1% risk
Abercrombie is very strong the last month and established a good upward trend.
BUY @ 20.70 T1 21.50 T2 21.90 AL closing below 20.30
on 30m chart SELL around 15.45 T1 14.95 T2 14.60 on daily chart SELL 16.10 to 16.50 T1 13.00 T2 10.80 SL closing up 18.85 The expected time to achieve the target is in the half hour of one to three weeks The expected time to achieve the target on a daily basis, a maximum of three months