$CROX is showing a high tight flag after an earnings gap up on high volume. The huge volume spikes imply institutional accumulation. Looking to take some off the table around 3R.
I really do feel its going up lol all o do your own analysis
Ascending Triangle broken out after a 6-month bull run. Some concerns regarding yesterday's 3% drop, or perhaps an opportunity. Hence my priority will be entering the Buy Limit price, although a Buy Stop will ensure I capture a potential run in case the price never pulls back. - Target Entry $42.28 (Limit) or $42.73 (Stop) - Target Stop Loss $41.67 - Target Exit...
In spite of market weakness, ticker CROX is still holding its support line after briefly dipping below. This indicates high buying pressure. Expect CROX follow the uptrend until it hits the resistance line. Look for contracted volatility to predict when a breakout might happen. I would set a stop buy order or Open a call at a point above 42.50 (43 just to be...
Crox seems to be trending upward between its RL and SL. However both the RSI and price chart show a near-term wedge coming up. Personally I am bullish and if it breaks out of the wedge expect a price movement above 41.50, closer to 43 dollars. This will be signaled by a decisive break above 41.50, or if the RSI also breaks out. Alternatively, it could break below...
$CROX Holding trendline support today - $100k earnings bet in March 28.00 calls just traded. Earnings tomorrow pre-market Near term target - $32.00-$34.00 range by mid-March Note: Informational analysis, not investment advice.
Crocs has been a nicely trending, bullish stock for many months. Having just completed a nice fibonacci retracement with Stochastic crossing up through 20, this is an interesting pick for some continued upside potential. Beware of earnings approaching November 7th. Option value should increase going into that volatile event.
It is easy to write about a long after it gains over 8% in one day, but this CROX breakout was more predictable than most realize. CROX first caught my eye when it bounced nicely off support at the long term uptrend line earlier in the month. I patiently waited for the MACD to begin curling upwards and RSI to be pointing up around the 40 level before I bought ATM...
CROX on watch (waiting for earnings)