ABERCROMBIE & FITCH CO
(ANF-NYSE):
Technical Viewpoint: From a low
of $18.95 on Dec 24, 2002 prices
rallied, reaching a
high of $27.50
on Jan 10, 2003. A
decline saw prices pull back, reaching a
low of
$24.75 on Jan 27, 2003.
Another rally saw prices penetrate
resistance, closing 2/19/03
at $29.57. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Jan 9, 2003 when the Histogram crossed the "0" line to the upside.
Support: Remains at $26.75. Resistance: Is at $24.75.
Point & Figure: Reversed to the upside on Feb 18, 2003. A P&F upside
reversal takes place at $28.00. Summary: Technical indicators have turned bullish. BUY! ABERCROMBIE & FITCH CO
(ANF-NYSE) @ $29.75 Stop: Use a protective stop of $27.75.
ABERCROMBIE & FITCH CO is currently trading @ $29.57 plus $1.75 on Feb 19, 2003. Price Objective:
$44.50. Risk/Reward: $2.00 VS. $14.75. Today's Risk Reward Ratio: 7:1
|
Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$44.50
Risk/Reward:
$2.00 VS. $14.75
Risk/Reward Ratio:
7:1
|