The Traderszone Network

Published in TZ Latest News 20 November, 2015 by The TZ Newswire Staff

Abercrombie And Fitch (ANF) Surges To A Strong SCTR Ranking

Abercrombie and Fitch (ANF) popped above an 8 month base in what can only be described as a breakout. The apparel retailer industry group only had one stock with an SCTR above 65 yesterday. What a difference a day makes. Now Abercrombie is leading the group. Abercrombie literally jumped to end the building of the 2015 base in the price chart. The volume soared, the SCTR went above 90 and the base looks complete. The SCTR had been working higher and the move today appears to confirm the change in investor sentiment towards the stock.

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