Breakout TradeThe breakout move to the upside signals that the strong uptrend move resumes its due course after a deservedly brief retreat.Longby Tahawe0
ANF recently bounced off 100 MA. Will the rise continue? ANF's Recent Pullback and Future Outlook ANF has experienced a significant pullback from its all-time highs after its most recent earnings report. This trend isn't unique to ANF, as even Lululemon (LULU), a market leader, has seen a drawdown since the year's beginning. However, I believe ANF's current rise is likely a short-term bounce, not a sustained trend reversal. Since the last earnings release, the upward trend has stalled, and a downward trend seems to be taking precedence. The recent rise is unlikely to last long. Several factors support this view: Earnings Season: Upcoming earnings reports from various companies might reveal difficulties compared to the strong performances of mega-cap stocks at the end of last week. This could continue the downward trend for ANF. Federal Reserve Meeting: The market awaits Chair Powell's interest rate decision on Wednesday. With inflation persisting, the Fed may be forced to maintain higher rates for a longer period, potentially impacting consumer spending and retail stocks like ANF. Technical Analysis: Technically, ANF is approaching resistance at the channel and the 50-day moving average (MA). Based on this, a pullback starting around $123 is expected. If the trend of lower highs and lower lows continues, ANF could fall below its 100-day MA, potentially reaching much lower levels before retesting the 200-day MA. NYSE:ANF NASDAQ:LULU NYSE:RL Shortby Average_Joe_Options0
ANF Has Topped Out!ANF has had an amazing run as I had expected it would back when I first published the trade. Of course, I had no idea it would have performed in such a manner. However, the time has come for at least a correction if not more. Wait for a crack in the recent uptrend and take your profits. Bulls and bears make money pigs get slaughtered! CAUTION!Shortby RealMacroUpdated 212110
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 retrace from ATH: eyes on $104 then 92 ideal retrace TargetANF has been on a relentless bull run. It has obviously hit "a" top if not "the" top. Mapped are key areas of interest for entries. $ 111.65-112.64 is current support, should break. $ 103.14-103.14 is the minimum expected retrace. $ 91.53 - 92.54 is the 'Ideal" zone for long entries. Key is to observe price action at each fib for clues. =============================================by EuroMotif3
$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
$ANFthis haz gotta b thu top in this freakin nonsense, rolled in weekly 120 PUTSShortby nobullshytrader0333
$ANF Learnings2 higher lows means something! Note the continuation trend no breaks below 21EMALongby Silverbullet121220
ANF Key breakout.As markets are shifting from high flyers to value we need to take a look at some nice charts with room to run. ANF like UA are looking good. Of course a correction is required before pushing higher. Longby RealMacroUpdated 5510
$ANFwe continue uzin this garbage az our indicator/hedge az well. if this trash keeps goin up thu markets obviously not gunna drop. on uh side note there could b sumthin we're not seein like uh buyout tho since this action iz extremely unsual Shortby nobullshytrader01
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 lol this MEME AI ripped jeenz garbage haz uh 30% drop incoming, 93 PUTS very cheap Shortby nobullshytrader01
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
$ANFtime 2 roll in 55 PUTS in this ripped jeanz garbage, do thu Sept 22's to be safe, very cheap. way overbot with CEO dumpin Shortby nobullshytrader0114
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