Bullish Action in Abercrombie
Abercrombie & Fitch (ANF) is finishing off the week with a very bullish move. The stock is up over 8% on the day and, unlike many of the other top gainers on the NYSE, is attracting well above-average trade in the process.
Abercrombie began the session with a powerful gap-higher open that lifted shares above last week's highs. The strong upside momentum unleashed on the bell continued to push shares to fresh June highs. The stock appears to be leaving behind a significant bottom this month and is likely headed higher in the near term....256 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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