ANF: bearish symetrical triangle
3 Months : symetrical triangle => bearish
1 Month : symetriclal triangle => bearish
5 Days : descending triangle => bearish
1 Day : descending triangle => bearish
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I'll wait until consolidation between 31.50 and 32$, then maybe open a long position.
There's a divergence on a 1 month period: volume is increasing at buy and RSI is neutral, so my chart analysis could be totally wrong.
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However, some news confirms my bearish sentiment:
7 january 2022 = UBS has reduced it's target to $37 instead of $68, recommendation = neutral instead of buy.
8 january 2022 = SimplyWallStreet: price target decreased to $49 (8 analysts).
SimplyWallStreet: insider trading volume = insiders have only sold shares (no buyings) in the past 3 months (391k, 10k shares)
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Bear in mind COVID and Omicron as always.
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All that mixed up, I don't like what's happening here (bearish sentiment).
1 Month : symetriclal triangle => bearish
5 Days : descending triangle => bearish
1 Day : descending triangle => bearish
-----
I'll wait until consolidation between 31.50 and 32$, then maybe open a long position.
There's a divergence on a 1 month period: volume is increasing at buy and RSI is neutral, so my chart analysis could be totally wrong.
-----
However, some news confirms my bearish sentiment:
7 january 2022 = UBS has reduced it's target to $37 instead of $68, recommendation = neutral instead of buy.
8 january 2022 = SimplyWallStreet: price target decreased to $49 (8 analysts).
SimplyWallStreet: insider trading volume = insiders have only sold shares (no buyings) in the past 3 months (391k, 10k shares)
-----
Bear in mind COVID and Omicron as always.
-----
All that mixed up, I don't like what's happening here (bearish sentiment).
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.