Abercrombie's most recent trend suggests a bearish bias. One trading opportunity on Abercrombie is a Bear Call Spread using a strike $29.00 short call and a strike $34.00 long call offers a potential 8.46% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $29.00 by expiration. The full premium credit of $0.39 would be kept by the premium seller. The risk of $4.61 would be incurred if the stock rose above the $34.00 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 37.32 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Abercrombie
The Top Ten Stocks for Nov. 14
Fri, 14 Nov 2014 21:26:12 GMT
Abercrombie & Fitch, TJX Hit With Downgrades
Fri, 14 Nov 2014 15:54:00 GMT
Analysts' Actions: Energizer, Lululemon, Nike, Ross Stores and More
Fri, 14 Nov 2014 14:20:00 GMT
Cramer: Nordstrom does it right
Fri, 14 Nov 2014 14:06:00 GMT
Abercrombie & Fitch cut to neutral; price target almost halved
Fri, 14 Nov 2014 13:56:21 GMT
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