StockCall.com Provides Stock Research on Michael Kors Holdings Ltd., Abercrombie & Fitch Co., ANN Inc., and Foot Locker Inc.
New York City, New York -- (May 06, 2013)
Encouraging employment growth rate helped the markets close their previous trading week on a positive note. The markets also expect the Feds to continue with its stimulus plan. The services sector, especially companies providing discretionary items, followed the broad market trend as its major stocks such as Michael Kors Holdings Ltd (NYSE: KORS), Abercrombie & Fitch Co (NYSE: ANF), Ann Inc. (NYSE: ANN), and Foot Locker Inc. (NYSE: FL) ended higher. StockCall analysts initiated preliminary technical research on KORS, ANF, ANN, and FL. These free reports are accessible by signing today at
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Michael Kors Holdings Ltd closed its latest trading session at $58.04, up 1.74 percent from its previous close. The stock traded in the range of $57.50 and $59.30 with volume of 4.05 million shares in Friday’s session. The company’s regular daily trading volume stands at 3.75 million. It is likely to face its first resistance level at $58.62, and upon breaching this level the stock may go up to $59.07. On the downside, Michael Kors may tumble to $57.12 level. The stock is highly volatile as it sports beta of 2.574. So far in 2013, it jumped 18.02 percent, whereas in the past 52 weeks it gained 32.51 percent of its value. The stock is in a bullish mode and the company commands market capitalization of $11.64 billion. The free technical analysis on KORS is available by signing up at
www.StockCall.com/KORS050613.pdf
Abercrombie & Fitch Co. trimmed its 52 weeks loss to 2.02 percent by closing its previous trading session 1.02 percent higher. The stock ended Friday’s session at $49.50 with trading volume of 1.57 million shares, down from its regular trading volume of 1.67 million. It is up 8.17 percent on a YTD basis. Abercrombie & Fitch is currently in a bullish mode and is expected to go up to $51.07 in the coming sessions. Its next resistance level is at $52.20. On the downside, it is expected to face its first support level at $48.62. The company’s shares traded in the range of $28.64 and $52.44 in the past 52 weeks. ANF’s current market capitalization stands at $3.87 billion, and the stock trades at beta of 1.73 which implies high volatility. The stock is currently trading above its short-term and long- term moving average price of $48.04 and $47.47 respectively. Register now to download the free research on ANF at
www.StockCall.com/ANF050613.pdf
ANN Inc. closed its Friday’s session at $29.80, up 2.12 percent. The stock is currently in a neutral mode and may touch $30.22 level in the coming days. Upon breaching this level, the stock’s next resistance price is at $31.28. ANN’s stock traded 1.13 million shares during its latest trading session, up from its usual trading volume of 997,605 shares. The stock is highly volatile with its beta at 1.80, and it is currently trading below its short-term and long-term moving average price of $29.9 and $30 respectively. The company commands market capitalization of $1.41 billion. So far in 2013, the stock declined 7.6 percent. Its 52 weeks gain stands at 9.64 percent. The stock has traded in the range of $23.93 and $39.78 during the said time period. Free report on ANN can be accessed by registering at
www.StockCall.com/ANN050613.pdf
Foot Locker Inc. rose in its Friday’s trading session. The stock closed 1.06 percent higher at $35.28 with above average volume of 2.75 million shares, showing a bullish trend. Foot Locker’s stock has its first support level at $35.14. Upon breaching this level, its next support level is at $34.87. The company is currently trading near its 52-week high of $37.65, while its 52-week low stands at $27.86. It commands market capitalization of $5.30 billion. Foot Locker is also trading above its short-term and long-term average price of $35.26, further confirming a bullish trend. The stock trades at beta of 1.05, implying mild volatility.Register withStockCall and download the research on FL for free at
www.StockCall.com/FL050613.pdf
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