3 Bullish Signals Flashing For Red-Hot Retail Stock
A&F(ANF) Forbes·2024-03-14 19:33
In a similar vein to Abercrombie & Fitch (ANF), retailer Gap (GPS) has rebranded in the last year, and the stock has exploded as a result. GPS is 133% higher year-over-year, riding an 8.2% post-earnings bull gap from March 8 to a March 13 multi-year high of $22.93. The chart below is enticing, featuring a bullish flag pattern after recent consolidation around $19. The better news is that any investors that missed the initial breakout may still have a chance to enjoy the ride, with the shares flashing a hist ...