FXstreet

After a 43% decline year-to-date, at the current price of around $20 per share, we believe Abercrombie & Fitch’s stock (NYSE: ANF), a specialty retailer selling casual clothing and footwear - is fairly priced. The intra-day H4 price broker Ichimoku cloud to above for the primary bullish reversal: the price is testing resistance level at 22.66 to above for the intra-day bullish trend to be continuing and for daily bullish reversal to be started.

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