ANF - Long (19MAY16)
Updated
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Trade Direction: Neutral (hold until for consolidation & RSI drops)
Execute Price: $69.68 (look for short term pull back at around $23.50 for entry.
Price Target: $25.83
Stop Loss Target: $22.88 (2.93%)
Time Frame: 1-2 weeks
Cross at the EMA50 could signal a trend reversal upward. however RSI shows the stock could overbought. Wait for further consolidation before decision.
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Trade Direction: Neutral (hold until for consolidation & RSI drops)
Execute Price: $69.68 (look for short term pull back at around $23.50 for entry.
Price Target: $25.83
Stop Loss Target: $22.88 (2.93%)
Time Frame: 1-2 weeks
Cross at the EMA50 could signal a trend reversal upward. however RSI shows the stock could overbought. Wait for further consolidation before decision.
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Trade closed: target reached
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