Abercrombie & Fitch Co. shares have rallied over the past year and have great momentum. As long as U.S. macroeconomic conditions remain strong, keeping the U.S. consumers employed and flush with discretionary money to spend, the retail sector will continue to benefit from this tailwind. Take a look at what to watch for on the chart in this quick video:
As a key part of Chuck’s Optioneering Team, I work closely with Chuck throughout the week to review various setups and we select one we feel is ripe for a favorable move. Keep an eye on your Inbox for more insight to help you navigate the markets.
Hughes Optioneering Team