Abercrombie's most recent trend suggests a bearish bias. One trading opportunity on Abercrombie is a Bear Call Spread using a strike $35.00 short call and a strike $40.00 long call offers a potential 25.94% return on risk over the next 40 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $35.00 by expiration. The full premium credit of $1.03 would be kept by the premium seller. The risk of $3.97 would be incurred if the stock rose above the $40.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Abercrombie is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Abercrombie is bearish.
The RSI indicator is at 22.31 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Abercrombie
U.S. equities opened the session stronger
Mon, 06 Oct 2014 20:27:00 GMT
Supreme Court Takes on Labor Cases Involving Pregnancy, Religion
Mon, 06 Oct 2014 17:21:00 GMT
Abercrombie & Fitch (ANF) is Oversold: Can It Recover?
Mon, 06 Oct 2014 15:01:35 GMT
PetSmart, Buffalo Wild Wings, Abercrombie & Fitch Downgraded
Mon, 06 Oct 2014 14:54:00 GMT
Analysts' Actions: Abercrombie & Fitch, Tableau, Harley-Davidson
Mon, 06 Oct 2014 12:54:00 GMT
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