Crocs, Inc.Short
CROX about to get smashed. Bearish pattern
Updated
CROX, the ticket symbol for Crocs footwear company is forming a HS in the weekly. The pattern is not completed yet but I'm not waiting. I just opened a short position at current price and expect it to finish out the pattern in the upcoming weeks. A more conservative approach would be to wait until the pattern is completed an open a short position at $104 level after the neck was broken. I'm holding this position for several weeks (not going anywhere) since is a weekly timeframe.
Trade active
I added to my short position. This is just starting.Trade closed manually
I prefer to close it out before it gets to close to the support. Great gains. It may pull back.
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