01/20/2015 – Abercrombie & Fitch

Issued: 01/19/2015

Abercrombie & Fitch, ANF:

1. In recent Williams edge stock meetings it was noted that a Dec. 2014 monthly close (and continued daily closes) above $27 in Abercrombie & Fitch would be the earliest indication for a tradable multi-month advance and test/attempt at $34 (or higher).

2. The month of Dec. 2014 closed at $28.64, which is the earliest indication for the above-noted advance.

3. However, both Thursday’s (January 15) and Friday’s (January 16) daily closes were at approximately $26.90 which is slightly below the critical $27.00 level.

4. At this point, a protective sell stop should be placed at $26.33. This stop will be moved higher as the market continues to confirm.

David Williams

Issued: 01/20/2015

Abercrombie and Fitch, ANF:

1. In recent Williams edge stock meetings it was noted that a Dec. 2014 monthly close (and continued daily closes) above $27 in Abercrombie & Fitch would be the earliest indication for a tradable multi-month advance and test/attempt at $34 (or higher).

2. However, both Thursday’s (January 15) and Friday’s (January 16) daily closes were at approximately $26.90 which is slightly below the critical $27.00 level. This prompted our protective sell stop at $26.33.

4. Our $26.33 protective sell stop was hit today, resulting in a relatively small loss on the position.

5. Today’s further decline is early indication for a test/attempt at $23.70 or lower. Will update.

David Williams

Issued: 01/12/2015

Abercrombie & Fitch, ANF:

1. In recent Williams edge stock meetings it was noted that a Dec. 2014 monthly close above $27 in Abercrombie & Fitch would be the earliest indication for a tradable multi-month advance and test/attempt at $34 (or higher).

2. The month of Dec. 2014 closed at $28.64, which is the earliest indication for the above-noted advance.

3. Further, the next important daily market bottom in Abercrombie and Fitch is tomorrow, Tuesday, January 13 (+/-1 day). Continued daily closes above $27.00 will be the stronger position with regard to that bottom and place the stock into a ‘Buy’ position. Will update as the market continues to confirm.

David Williams