Recently we observed $ANF retreating after a sharp bullish reversal swing. We noted key support at 13 and 12 and suggested that holding above these key supports would signal upside for ANF. We also noted that as the daily RSI tested 40, a bullish market should turn up and keep the RSI above 40. This is exactly what happened.ANF Daily Chart(click to enlarge)Upside:- With price holding above the moving averages and the RSI holding above 40, ANF is maintaining the bullish momentum.- Price action itself tells us that ANF is on a recovery swing.- With the confirmation of bullish bias, ANF has upside towards 17.- Now if the market is not ready to swing up, we should still monitor 12 and 13 for support. A break below 12 at this point is not good for the bullish outlook and might open up 10 and 9.