Breakout TradeThe breakout move to the upside signals that the strong uptrend move resumes its due course after a deservedly brief retreat.Longby Tahawe0
Wait ANF Doesn't Make AI Chips?Thesis: Bearish momentum on the daily and weekly stochastic. Closed below the 48 day ema, MTD, and YTD Anchored Vwap. Trend on daily ema ribbon has fliped bearish. However price found Support on -1 monthly ART level so I wouldn't be surprised to see a bounce. If it bounces back to the daily ribbon and the bearish moment is still in tact sell the rip! I will be watching this closely and may enter a small position in case it dumps without a retest.Shortby retailmonkeybrainzUpdated 0
$ANF sink below support levelNYSE:ANF Down following news on hot inflation data as catalyst to go below the support or demand zone. To watch when market opens to short it. DYDD. Shortby Silverbullet1211
ANF 3d Chart, Q2 2024ANF, one of the silliest charts out there, you'd think it was a tech company. Up >500% since this time last year Guessing when this parabolic advance breaks down, this heads closer to 100, but in the meanwhile, just watching the craziness. by cmerged0
ANF showing a pennant patternNYSE:ANF Showing a pennant pattern with a ~$50 upside. Buying on the dips.Longby dzygadlo111
Breakdown from the channel confirming the downward bearish reverBreakdown from the channel confirming the downward bearish reversal. Last weekly candle broke down but we need a confirmation candle to further solidify the breakdown. Price heading lower to our pointed price targetsby JK_Market_Recap0
Abercrombie & Fitch Co running out of steamAbercrombie & Fitch Co has been a rock star performance driver of late; we have noticed a turning point. Sentiment and momentum have shifted to bearish which has triggered our belief that a short position now is the right allocation play. We fully expect as the RSI & Stochastics have shifted bearish further validating our belief that price trajectory is expected to moved below the next Fibonacci support levels on the way down with mild bounce expected along the way down by JK_Market_Recap220
Abercrombie & Fitch Continues Winning Streak Amidst a tumultuous market environment, Abercrombie & Fitch Co. (NYSE: NYSE:ANF ) has emerged as a beacon of resilience and growth, with its latest forecast painting a rosy picture for the apparel giant. The company's confident projection of full-year revenue growth exceeding Wall Street estimates underscores its unwavering confidence in the strength of its brands and the buoyancy of consumer demand. In a recent update, Abercrombie & Fitch ( NYSE:ANF ) revealed its anticipation of robust revenue expansion, buoyed by a surge in full-price demand for its apparel offerings. The optimism stems from a successful holiday shopping season and a promising start to spring in the United States, with consumers demonstrating a penchant for Abercrombie's fresh styles and meticulously curated collections. The company's strategic initiatives, including inventory optimization and the introduction of compelling new designs, have paid dividends, catapulting Abercrombie ( NYSE:ANF ) alongside industry peers like Lululemon Athletica, which have similarly benefited from a proactive approach to inventory management. Notably, Abercrombie's emphasis on enhancing customer experiences both online and in-store has resonated positively, driving engagement and fostering brand loyalty. By ramping up marketing efforts and investing in digital platforms, Abercrombie ( NYSE:ANF ) has positioned itself for sustained success throughout the fiscal year. Abercrombie's ( NYSE:ANF ) forward-looking guidance paints a promising picture, with first-quarter net sales expected to soar in the low double digits, surpassing market expectations. The company's spring collection has already garnered favorable reviews, indicating strong momentum heading into the new season. While Abercrombie ( NYSE:ANF ) basks in the glow of its recent accomplishments, challenges loom on the horizon, including potential disruptions in shipping and raw material costs stemming from geopolitical tensions in the Red Sea. However, the company remains agile and resilient, poised to navigate these headwinds while staying true to its growth trajectory. Analysts echo Abercrombie's ( NYSE:ANF ) bullish sentiment, with Telsey Advisory Group's Dana Telsey highlighting the resilience of the A&F brand and its ability to drive margin expansion through digital growth. The company's fourth-quarter performance, which exceeded analysts' expectations both in terms of revenue and earnings per share, further underscores its strong position in the market. Despite a marginal dip in early trading, Abercrombie's ( NYSE:ANF ) shares have enjoyed a remarkable rally, nearly quadrupling in value last year and continuing their ascent with a 60% increase year-to-date. Investors have taken notice of Abercrombie's ( NYSE:ANF ) impressive performance and its ability to navigate challenges with poise and confidence.by DEXWireNews113
ANF double top with negative divergence. Time to buy a put??ANF has been on an absolute tear. Is it warranted?? Yes, their earning have drastically improved, but is this growth sustainable with continued increases in credit default rates? This brand has no cult following like that of Lululemon. YTD +40% 1 year chart +331% +66% previous peak in 2007 when this clothing brand was the one and only for teens. Currently trading 100% over 200-day moving average Recently broke above resistance and will retest this channel. Starting to look like a double top with negative divergence. I will keep a close eye on this stock as it retests the top of the previous channel. If it bounces, I will exit the position. If it falls through we should be good. Shortby Average_Joe_OptionsUpdated 113
$ANF Learnings2 higher lows means something! Note the continuation trend no breaks below 21EMALongby Silverbullet121220
ANF - What on Earth is happening?Can someone please explain this to me? ANF is at an all time high. Well over the peak valuation from it's height of popularity in 2007. The weekly chart is so overbought it's laughable, but is it done? I'm so tempted to start shorting. Each one of these pumps has been followed by an equally ruthless plunge. Will this time be different?Shortby SWRLSUpdated 774
ANF - Trend exhausted or further to goANF has had a couple of strong gaps up. The last exceeded its measured range. While it looks like we may have missed the opportunity, we're coming up on its highest performing month of the year. Over the past 20 years it closes November higher 60% of the time with an average gain of 8%. To play this one, I'd look for a smaller play on a pullback to 51-52, which is the 0.382 of the fib extension and where it has confluence with VWAPs anchored to key areas around its recent gap up. A second long opportunity would be an entry at the top of the gap (more aggressive) or the opening of the gap (conservative). If that gap closes it will be important to review the volume and candlestick pattern to estimate whether it is a retest or a breakdown. Longby Ben_1148x22
A&F Post Earnings DriftHuge gap up post earnings, pullback to POC from earnings day- LONG 1st GreenLongby DPharmaTrader2
ANF Abercrombie & Fitch Options Ahead of EarningsIf you haven`t bought ANF here, when the calls went up 5X: Then analyzing the options chain and the chart patterns of ANF Abercrombie & Fitch prior to the earnings report this week, I would consider purchasing the 45usd strike price Calls with an expiration date of 2024-1-19, for a premium of approximately $5.70. 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 opinion about it. Longby TopgOptionsUpdated 3
$ANF short opportunityA-B-C wave completed, this is bearish set up and ANF will have hard time rising up from here. Add in insiders cashing out, retail sales that have peaked and haven't moved anywhere in the past year, and ever tighter consumer budget. On the other hand, we still have very strong/resilient economy and maximum employment (people still have income and will go shopping). However, not much upside from here and ANF is one of those companies that aren't really profitable (consistently). Shortby LevinBurant220
$ANF bullish breakout positive earnings reactionNYSE:ANF - many bullish indication and price action. Possible resumption of Stage 2 uptrend Teal moving average line is 30MA Bottom panel: Mansfield Relative StrengthLongby Vinodinvest0
$ANF #INF getting new is old again , but chart looks great , not like one's woke things .. They are back with style Longby mralexsell1
ANF Abercrombie & Fitch Options Ahead of EarningsAnalyzing 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 opinion about it. Longby TopgOptionsUpdated 5
ANF ready for a big stormTHE 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 bearish. However, it is above all major MA which is bullish. RSI has big and nasty bearish negative divergences which indicate a huge drop is incoming. Only only those divergences are smaller it is bigger and bigger because while the price is moving up RSI is moving down, very bearish. The same situation is with MACD. Very bearish. Overall: ANF even though it had nice bullish momentum, RSI and MACD are showing us there is no real bull market here on this stock. An imminent drop is very likely and drops out of a rising wedge would trigger a perfect short opportunity. For more educated traders this level could already be a short position with a stop loss of 1/4 of the last candle above the last high.Shortby Consistent_Trades4
ANF: Sell After a Retracement -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 RSI is oversold so therefore, we expect a short-term retracement to the $26.00 level to fill the gap. Our area of interest to enter sell positions is $26.00 ~ $30.00 level. From this area, we will observe for a consolidation pattern. After a breakout from the pattern, we will then prepare our sell entries. We do expect at least one more retest of the recent low at $18.00 level. We only trade with the trend and we don't enter trade to capture the retracement part, meaning we don't try to predict the bottom. If the price made a retracement back to our area of interest, then we will prepare our entries. If the price did not reach, then we will look for other opportunities :) Check out our ongoing and previous stock trading ideas below :) Shortby NicoBeau_Capital1
$ANF Double tops with bearish flag forming ! $ANF Double tops with bearish flag forming ! - Double tops on the weekly - Perfect entry on the bear flagShortby nexxtradeUpdated 0
wait for confirmation first, but looks like puts can pay 🔥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! 💘Shortby Vibranium_Capital3317
Mark Minervini's Style Analysisbought 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%Longby payungabam1