DailyPlay for Tuesday November 24th, 2015 – Abercrombie & Fitch (ANF)
The bullish DailyPlay we chose for Tuesday November 24th is Abercrombie & Fitch (ANF). ANF is part of the Consumer Discretionary Sector (XLY). Over the last month, XLY has experienced a 2.39% move higher and its 1m and 6m trend indicator just turned bullish on Friday after breaking above its $80.50 resistance level.
Abercrombie & Fitch’s 1m and 6m trends just turned bullish on Friday and recently broke above its $24 resistance level on high volume which now becomes support. With a technical score of 10 (out of 10), ANF looks positioned to continue this strong bullish trend higher.