CROX - Deep 40% pullback on one of the markets surprise runnersAfter a big pullback Crox looks to be recovering ground. Will keep an eye on it.
CROX trade ideas
The trend is your friend Trend continuation after correction to the 200 MA.
200 MA and strong support at around $120 seem to be holding.
Maybe Crocs Inc. is building a double bottom.
First TP is about 184$
Second TP is about 246$
SL is about 105$
chance is 36% or 83%
risk is 21,5%
Ratio TP1 = 1.7
Ratio TP2 = 3.9
Parabolic ArcARCs are known to be volatile on the way down.
This is a weekly chart. Most ARCS will fall between the .5 and .786 fib levels with the average falling between the .618 and the .786 fib levels. An Arc can fall less or more than these levels.
No recommendation.
Crocs not to disappoint. CROXShort termoutlook.
Bullish outlook for gains at 132.11, then 142.06 and 149.49. Invalidation at 116.62.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!
US Stock In Play: $CROX$CROX suffered at -36% decline from its peak in 2 months, deflating its rising 10/20MA but leaving the 50 and 200MA intact.
interesting to see $CROX supported by its Q2 post earnings pocket pivot at $120 with 2 hammer bar this year.
pretty for a mean reversion setup
CROX BULLISH SETUPThe asset has now arrived at great support and has the potential to swing to the following targets in case we violate our midterm resistance labeled as R1.
The double bottom at 115.69 with the increase of volume is the indication of the support in play for crocs, inc.
Breakdown of $CROX from Falling Channel to Bear PennantAnother pandemic darling for reasons I don't understand, $CROX has also been working its way down. From the top in Nov 20 through Dec 20 it worked its way through a falling channel which broke down decisively with the rest of growth. It now appears to be consolidating in a bear pennant. You can either use the lower bound from the falling channel (preferred) or draw a tighter one off of what little time has passed since it started forming (shown orange). Breakdown from here should also be swift as there is little volume on the way up to stop it.
$CROX Targets$CROX Targets
I think the earliest I’d jump in would be 112.84…
And every target below that would be a buy level…
If you have a position I’d get out at around 148.26 if it goes that way…
I have no position at the moment but right now Target 1 and 2 are looking pretty good. I’ll update if I take anything…
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I usually trade both ways, but lately I’ve been focusing more to the downside because of how high the market is. It makes more sense to sell puts right now, and I’m usually at Target 2.
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I am not your financial advisor, but I will happily answer questions and analyze to the best of my ability but ultimately the risk is on you. Check out my ideas, but also do your own due diligence.
I am not a bull. I am not a bear. I just see what I see in the charts and I don’t pay too much attention to the noise in the news.
Very often you have to look at my charts from the perspective of where I’m looking to sell puts. But I also do open positions still once in a while.
If you want me to analyze any stock or ETF just leave me a comment and I’ll do it if I can.
Have fun, y’all!!
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BUY CROX 6/1/2022You can buy CROX target 157.27 stop loss 116.05
Money management your responsibility.
I recommend entering a maximum of 10% of the portfolio.
Good luck
CROX ready for rallyNASDAQ:CROX is oversold and formed a nice triangle formation. Will see if it will break out in few days.
CROXCame out a downtrend on hourly and hovering over weekly support. I am bullish as long as weekly key level is maintained.
needs some time, but im bullish for 2022 🔥crox temporarily broke below strong support and filled the gap in the process, looks like a short trap to me!
probably needs some consolidation first but once thats done my price targets are 146.8-161.19-182.97
like and follow for more 💘
CROX LONG ENTRYCrox reported that it was acquiring footwear company, HeyDude, valued ~ 2.5 billion in cash and shares. Crox also received an price target upgrade from $220 USD to $300 USD and maintains a buy rating.
I highlighted the support i'm using from earlier in the year because I would enter Crox long. There was a gap down not too long ago, and the bottom of the last fall stopped at what was once a resistance zone. If this $120 price can hold, then my idea should play out well.
High Volatility ~ 60% IV Percentile -- Many options contracts traded today, lots of them appear to be single contracts on the call side (less a spread implies a very bullish trade) over 4,000 on the $125 strike for January.
$226 is my price target. It lined up with my fib line and the analyst rating (Williams Trading) bumped it from $220 to $300, but let's not overdo it. I don't even know who Williams Trading is but it showed up in my news. Good luck to you all!
Acquisition is said to be happening Q1 2022, if the acquisition falls through or the market sentiment turns negative then my outlook may also change.
nice trendline support 📈last time crox bounced off this strong trendline/RSI support we saw a 58 dollar rally!
as many of you know history tends to repeat itself in the stock market, so final price target if that holds true here: 203, before this one hits we can look for 163-180 as more conservative price targets.
goodluck, like and follow for more 💘
$CROX Target 139$CROX Target 139
139 is the target as of this post, but make no mistake... I'm looking lower than that!!
Sometimes you have to zoom out and see the absurdity of it all, haha.
I have no position at the moment but scoping out possible targets to sell puts…
Nothing at the moment though…
GL, and let me know your thoughts!!
——————
I usually trade both ways, but lately I’ve been focusing more to the downside because of how high the market is. It makes more sense to sell puts right now, and I’m usually at Target 2.
——————
I am not your financial advisor, but I will happily answer questions and analyze to the best of my ability but ultimately the risk is on you. Check out my ideas, but also do your own due diligence.
I am not a bull. I am not a bear. I just see what I see in the charts and I don’t pay too much attention to the noise in the news.
Very often you have to look at my charts from the perspective of where I’m looking to sell puts. But I also do open positions still once in a while.
If you want me to analyze any stock or ETF just leave me a comment and I’ll do it if I can.
Have fun, y’all!!
(\_/)
( •_•)
/ >🚀
CROX RESETTraders, it appears CROX have struck the top of its long term channel and have created a double top. Looking for Crox to retest the original breakout, zone 1 of $163.18 then bounce to new highs. Worse case, zone 2, approx $140 - $139 over/under. Trade safe.
Crocs Is Trending HigherFootwear stock Crocs has been in a steady uptrend since the market bottomed in March 2020. Now it’s pulled back and may be interesting to swing traders.
The first pattern on today’s chart is the 50-day simple moving average (SMA). CROX tested it on Friday and Monday, closing above it both times.
Next, the current area of support corresponds to the September peak around $163. That may suggest old resistance is new support.
Third, the recent pullback dragged stochastics into oversold territory.
Finally, CROX overcame Asian supply-chain issues to report better-than-expected results on October 21. In particular, strong demand for shoes drove margins and let management hike guidance.
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$CROX - Bull Flag into Key Level of Support$CROX recently put out an awesome earnings report which caused a run to new ATHs. Afterwards, we formed a bull flag, and started approaching a key level of support.
This level of support may provide the necessary bounce needed to break out of the flag, and continue charging upwards. Will be keeping a close eye on this one.
CROX has nudged over 200% for the last 12 monthsCrocs has been one of the pandemic success stories having gained nicely over the last couple of years as people at home sought out more casual footwear.
It might be a little expensive at the moment so don't be surprised if it pulls back a little, but a nice and steady consistent performer overall.
Worth a watch.
$CROXLooking for an entry into $CROX. Thinking this could form a C/H or bull flag. Would like to see a larger volume shelf form in the process.
NASDAQ:CROX
CROCS CROX Great increases today by publication of results and exceeding expectations. They have at their disposal supports and resistances
Sincerely L.E.D In Spain as of 21/10/2021
Not good at thissomeone tell me what this means. I like Crocs. I think that they are a decent company. And Idk. I think this is a descending triangle which I think is bearish but we have low RSI levels, bounced off support and had an inside day.
CROX looks good for longJust sharing my idea. It seems that after some drop, CROX will gain up to 20%. Just consider as an Idea. Not really personal suggestion.
