BUY: Urban Outfitters, Inc. (NASDAQ: URBN) $23.50 (08/08/07)
Sell price: $ 24.88 or
Sell date: September 8, 2007
Stop loss: $21.92 (-5.1%) - ATR(10) * 1.5
Earnings bounce, now trading back over 50-day MA
EMA very bullish
Fibonacci analysis bullish
Free People and Anthropologie will lead growth for you longs
Profile: Urban Outfitters, Inc. (Urban Outfitters) is a lifestyle merchandising company that operates specialty retail stores under the Urban Outfitters, Anthropologie and Free People brands, as well as a wholesale division under the Free People brand. In addition to its retail stores, it offers products and markets its brands directly to the consumer through e-commerce Websites, and Urban Outfitters, Anthropologie and Free People catalogs. It operates two business segments: a lifestyle merchandising retailing segment and a wholesale apparel business. The retailing segment consists of Urban Outfitters, Anthropologie and Free People brands, whose merchandise is sold directly to the Company’s customers through its stores, catalogs, call centers and Websites. The wholesale apparel segment consists of Free People Wholesale division that designs, develops and markets young women’s contemporary casual apparel.
$23.35 (08/09/07)
