ANF Trade Thesis & UpdateAbercrombie & Fitch Co. Class ABATS:ANFErictaylorI’ve been long ANF and have been tracking this setup closely. The key levels were clearly defined early on, with $90.30 acting as initial support and $92.60 as the major breakout level. Once price reclaimed and held above $92.60, it confirmed strength and opened the door for continuation. From there, ANF pushed into its first major resistance around $96, where we initially saw rejection back toward the $92 area. However, price held structure, found support, and established a higher low—an important sign that buyers were still in control. On the second attempt, ANF successfully broke above $96, confirming continuation. Now, the focus shifts to $94 and $96 as key support zones. As long as price holds above these levels, the bullish structure remains intact. Currently, ANF is trading near $98, with the next major resistance sitting around $100.50, followed by a higher target near $106. Price action continues to show strength. While the broader market has been somewhat choppy, ANF has remained resilient and continues to trend upward. The move may not be aggressive or parabolic, but the steady grind higher is typically a sign of strong, sustained buying interest. We also recently saw a break above a well-defined rising channel, which suggests a potential shift from controlled trend into expansion. This adds to the bullish case, provided price can maintain these higher levels. For those watching for potential entries, areas around $95.50 may offer opportunities, especially if price pulls back and shows support and continuation from that level.