ANN Chart Showing Weakness
ANN Inc (NYSE: ANN) is a leading specialty retailer for fashionable women’s clothing with about 900 stores. From a fundamental point of view, the company has been under pressure from investors about their gross margin compression and this has been somewhat reflected in the stock price as of late. If we look at a […]
Ann Taylor Setting Up For Another Short
On July 13th I discussed here (http://www.investorplace.com/50082/ann-taylor-stock-retail-sales/) that ANN Inc (NYSE: ANN), formerly Ann Taylor Stores, might be a good short opportunity based on both the longer and shorter term charts. The stock then ensued to rally more than anticipated, finding resistance near its 50 day moving average (yellow line) and depending on how […]