Abercrombie's most recent trend suggests a bullish bias. One trading opportunity on Abercrombie is a Bull Put Spread using a strike $32.00 short put and a strike $27.00 long put offers a potential 7.53% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $32.00 by expiration. The full premium credit of $0.35 would be kept by the premium seller. The risk of $4.65 would be incurred if the stock dropped below the $27.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Abercrombie is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Abercrombie is bullish.
The RSI indicator is below 20 which suggests that the stock is in oversold territory.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Abercrombie
Abercrombie & Fitch Earns Top Marks in 2014 Corporate Equality Index
Wed, 08 Jan 2014 15:24:48 GMT
noodls – Abercrombie & Fitch Earns 100 percent on Human Rights Campaign Foundation's Twelfth Annual Scorecard on LGBT Workplace Equality for the 8th Consecutive Year NEW ALBANY, Ohio–(BUSINESS WIRE)–Jan. 8, 2014– …
Abercrombie & Fitch Earns Top Marks in 2014 Corporate Equality Index
Wed, 08 Jan 2014 14:00:00 GMT
Business Wire – Today Abercrombie & Fitch Co. announced that it received a perfect score of 100 percent on the 2014 Corporate Equality Index , a national benchmarking survey and report on corporate policies and practices related to LGBT workplace equality, administered by the Human Rights Campaign Foundation.
It's a wrap: Holiday retail winners and losers
Wed, 08 Jan 2014 14:00:00 GMT
CNBC – The gifts are all unwrapped. Returns and exchanges have been made. Now it's time to see what really happened during the holiday shopping season.
Aeropostale: Our Top 2014 Pick For A Unique Short Covering Rally
Mon, 06 Jan 2014 14:20:54 GMT
Seeking Alpha – ARO data by YCharts We have followed Aeropostale ( ARO ) for many years, with specific distaste towards both the brand and products. Frankly, we've disliked the brand for almost a decade, especially when …
New year, new challenges for CEOs
Fri, 03 Jan 2014 18:27:00 GMT
CNBC – The Wall Street Journal reporter Sara Murray provides insight on 6 CEOs facing new challenges in 2014, including McDonalds' Don Thompson and Abercrombie's Michael Jeffries.
Related Posts
Also on Market Tamer…
Follow Us on Facebook