This is a very bullish chart for ANN. Since early July when it made a high above 44, it's had a hard time breaking through the price level, forming a fairly substantial resistance level. The price level was re-tested in mid September only to retrace. Over the past three sessions, we've seen above average volume and some great action today to break above the resistance level. MACD is also very bullish.
So, what should a trader do here?
Set stops and watch this baby carefully. The RSI is approaching overbought levels, but we may get an "over 70 RSI burst" move up... sit tight, this could be a nice long trade.
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