Ann Inc. slipped out of a trend similar to that of 2009 and corrected toward a bound of a gap in the vicinity of 32.36. At this mark, the first A wave finally shaped up, which appears to be a classic flat correction 3-3-5. The price may move towards a 43.50 high to build the second corrective B wave. Investors may open long positions with stop losses beyond the gap bound at 32.30 with a target in the vicinity of 43.50, the crest of the fifth wave of the previous movement.
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