retailmonkeybrainz

Wait ANF Doesn't Make AI Chips?

retailmonkeybrainz 업데이트됨   
BATS:ANF   Abercrombie & Fitch Company
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.
코멘트:
Yesterday was the day to enter. I missed it because I was stuck in bed with covid :(
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