I opened $Abercrombie & Fitch(

I opened $Abercrombie & Fitch(ANF)$ ,ANF: Short Abercrombie & Fitch at $145 which is about $10 higher than my last short. This is to bring my short average up to $114.86 ahead of earnings on 29th May. ANF now is at all time high and overbought going into earnings. Their past quarters were very strong earnings so risk are there for another good earning. US consumer debt had been increasing and post covid savings money had mostly been depleted. I look for a short term correction on ANF to secure for a win for this swing trade.

Trading Order
Symbol	Side	Price	Filled time
Abercrombie & Fitch USANF	Sell Open	145.0	2024-05-2023:32:04

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Comments

sullivan_Rlo
05-21
sullivan_Rlo
Don’t bet against momentum… esp those all time high stocks
- Terra Incognita:
  Thanks for your advice.

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