Wednesday, August 25, 2010

ANF .. long term view

7Sep


althought the soaring indices in last week, The ANF didnt act the same way. Soon or later ANF will complete the H&S and it is going to fall to 30$ as I expected, stoploss is 37.7$.



Good luck




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2Sep.




After earning had released last week, the stock dropped more than 4%. Now stock makes a small consolidation which seem a flag.Meanwhile, in long term, rhe stock is forming a huge head and shoulders.


















Strategy is short or buy a PUT or even sell CALL for strike 35 OCt.

Target is 30$











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