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ANF Daily Setup
Abercrombie & Fitch Company
Long
ANF Daily Setup
By TechnicallyCorrect
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Oct 26, 2021
4
Oct 26, 2021
ANF
setup:
MACD crossing up
Bullish bar today broke the trend line
20 EMA crossed above 50 EMA and they are both accelerating up together
3 bottoms since August
Enter above today's high at 39.87
Stop under today's low at 38.42
(More conservative stop is under local low at 36.82)
Take profit just under July high at 47.12
Risk/Reward ratio of 5.0
ANF
bottom
Chart Patterns
Exponential Moving Average (EMA)
Technical Indicators
Moving Average Convergence / Divergence (MACD)
riskreward
setup
stoploss
Trend Analysis
TechnicallyCorrect
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