ANF, Abercrombie & Fitch update

ANF Aug 2 2012

We got to $28 today. a lot more to go, see previous blog.

Here is a slightly different take;

anf aug 2 2012 l

The end result is not materially different. The Yahoo chart has a lower resolution and consequently the highs and lows and also the overlap do not show as well as on the Bigchart. If this is a triangle plus a smaller wedge, or just one big wedge is not relevant to the outcome, which is about $10 either way.