High Profit Trading Signals - A Blog To Share A High Profit Trading Signals And Insight About Forex, Stocks, Futures, Option Trading, ICO, BLOCKCHAIN And Bitcoin.Building the Perfect Master Plan

Monday, May 8, 2017

STOCK MARKET ALERT: Stocks Trade Idea of the Week is ANF

Abercrombie & Fitch Co (ANF) is your Stocks Alert of the week.

Previous Close12.52
Bid0.00 x
Ask0.00 x
Day's Range12.56 - 12.98
52 Week Range10.50 - 26.00
Avg. Volume3,802,670
Market Cap859.47M
PE Ratio (TTM)217.93
EPS (TTM)0.06
Earnings DateMay 25, 2017
Dividend & Yield0.80 (6.39%)
Ex-Dividend Date2017-03-01
1y Target Est12.33
Trade prices are not sourced from all markets
As the markets move higher, the theme of looking for short squeeze setups continues. Stock Alerts points to a possible trend change in ANF with 35% of the float nervously sitting short. It has been a rough year for short sellers across the board so there is no reason to think the large group of short sellers in ANF have taken notice of this fact.
image of ANF stocks trade idea
he trigger for this stocks trade idea position to go live is a print of 12.63.  The suggested stop is 11.63. The idea is to risk 1 dollar to make 3. So that gives us a price target of 15.63.  If the price action moves much higher from here, it may force discouraged short sellers to cover (buy) and make for nice upward price action in quick fashion. As usual, only risk an amount of shares that will keep your maximum loss under control should ANF move down past 11.63.
image of stocks trade idea scanner


Our Credo: What's Good for YOU!..Good For Us and vice versa!...

Please remember that Trade Stock Alerts does not suggest day trading this type of alert. The idea behind the Trade of the Week is to give our followers opportunities that they may be able to stay in for an extended period of time. Please use proper risk management when making investment decisions.


Market Quotes are powered by Investing.com



Blog Archive

Follow by Email