Abercrombie & Fitch: ⬆️ Buy
– Abercrombie & Fitch broke resistance zone
– Likely to rise to resistance level 125.25
Abercrombie & Fitch recently broke the resistance zone between the resistance level 103.80 (which has reversed the price multiple times from February) and the 38.2% Fibonacci correction of the downward impulse from January.
The breakout of this resistance zone accelerated the active intermediate impulse wave (3) from the start of December.
Abercrombie & Fitch can be expected to rise further to the next resistance level 125.25 (former strong support from 2024 and the target for the completion of the active impulse wave (3).
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