look for a topping candle or a gap above the bollinger to play to short side
Doble top, big volume and price can´t reach the previous higher.Overextended, long period bullish.
Do you know the inductivist turkey? He got hurt because he has over-ridden patterns. But this time is different.
Strong downtrend since 2013 got broken Idea is that longs are trapped and so I'm expecting a pullback Stop at 22.75 Take profit at 20.78
Recent events in the industry with sector support are spiking several stock in the retail fashion field, ANF is strategically placed in this time and buyers are showing their interest at all-time-low. For me, there are enough signs to support the attempt to build a position in the stock. *Already holding in the fashion sector at AEO which also spiked and moved...
Abercrombie & Fitch Co is a retailer that sells apparel including knit and woven shirts, and graphic t-shirts under Abercrombie & Fitch, Abercrombie kids, and Hollister brands. It operates online stores as well as direct-to-consumer operations. Price chart broken a year long base formation. This could push the stock up to 23 Zone.
shoulder head shoulder pattern Projection: head.
Bullish engulfing candles indicate immense buying interest that swallows the range of the prior candlestick low and surpasses the candlestick highs. The buying action is frenzied as the candle usually closes at its highs with little to no upper wick. This in turn triggers more buyers who spill over into the next candle. If the next candle closes higher than the...
ANF (Code-Name_Virtue) Minor/Secondary Trend Press Release Price has completed a Big W chart pattern and is now forming a Rising Wedge chart pattern. There is $.49 of daily volatility left in the Wedge with many strong supply values that price will be trading in if it continues bullish on Tuesday. The consensus is that price is going to reverse bearish this week,...
Cost basis $11.16. Out $11.46. On to the next one. Check link to original post.
Fib retracement after initiation of new uptrend. Low risk entry. First target pierce of $12.
In the money stop out on 2nd half of position. Entry: $10.95 1st half: $11.24 2nd half: $11.25 Profit: 2.7%!