CROX trade ideas
solid trendthis is a free money play! but should reach resistance around 49-50. look for a dip buy around 45-46. thats where ill be entering :) goodluck
V bottomNV is high Not to long entry level
Possible T2 75.2 88.7 100
Stops in this pattern traditionally go under mid V..which is too far from price for me right now
The gap may provide support
In this market I think I would be happy with targets 1..lol
All time high is 75.21. Many moons ago CROX was in a strong uptrend. It looks to have traded flat for a long time with one break up before this one. Now that it is under 43.6ish..there will be hard there.
This stock hit long entry level but did not hold on to the highs.
Not a recommendation
CROX - 5.65% Potential Profit - Ascending TriangleAscending 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 $44.95
About me
- P/L September +33.74% | August: +203.83% | Historical Win Ratio 75.00% | No Trades without Analysis
- Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss
CROX BREAKS RESISTANCE I know I post about this stock a lot, but that’s because I truly believe it can outperform in the short run and over the long term. After falling out of the upward channel CROX found support at the 37.50 line, and bounced upwards to retest the resistance line (last week’s support line), at which point it entered back into its upward channel. This is despite a prolonged market sell off for the past 3-4 days. Looking at the rsi , we can see that it also just bounced off of its long term support line, and is now heading to the top of the channel. After being up 10 percent today, CROX hit the top of the channel (43 range), fell a little and is still up 7 percent today. Before modifying it taking a position in this stock, I would wait for CROX to hit the bottom of the channel, or for the stock to breakout.
To predict a breakout, wait for a decisive close above 43 and for the RSI to break above its resistance line, as well as a jump in volume . Alternatively. The stock could hit the roof and fall to the floor, at the 41 level. Wait for the stock to bounce at 41, then consider taking a position in the 41-42 range.
CROX continued strengthIn 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 safe. The RSI and Bollinger bands indicate much of the same: confined price swings while it is stuck in a wedge. In my opinion, there is a 2-month flag pattern being formed. A flag pattern is a Breakout followed by a wedge/ triangle pattern, followed by another breakout in the same direction. Accordingly, I am bullish on this stock in the near term.
Sideways trading in an upward channelCrox 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 around 38.50 which would be a bearish sign.
CROCS Proposal DailyHello traders, CROCS gives a very important bullish signal with an aborted attempt by sellers on an average purchase volume and a few earlier sessions of high volume sales. So the buyers can still respond present it is in a rise on the MULTI TIMEFRAME in strong bullish continuation, which goes on the last precedent higher and can be going to fill the bullish gap. See even land on top of the next higher which is not far away.
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CROX Ascending Triangle pattern CROX is back at previous resistance level of 37. When it broke out last time it pushed to all-time highs. I will look for an entry on increased volume breaking the 37 level.
CROX Long Setup [UPDATE]Regardless of the recent downgrade by CL King from buy to neutral, CROX is still holding its channel. The recent drop allowed the 20dma to catch up, bringing in a new level of support for CROX. Furthermore, seasonal earnings on 07/30 should help generate hype around the ticker and bring in new investors.
Going into the next few days, the 100dma looks ready to coil up and we're about to be presented with a golden cross on the daily - a historically good sign. If CROX can break and hold above confluence near $37 resistance, price target is $43. Despite recent market weakness, it's holding its channel well with an imminent golden cross as the 50dma looks to cross the 200dma.
Holding its uptrend, lets see if it can break relative highs that have acted as resistance in the past.
Long CROXPrimed for a breakout, good volume, coming out of consolidation
Buy above 37.50 with stoploss of 35
CROX Long SetupSeasonal earnings on 07/30 should help generate hype around CROX. Despite recent market weakness, it's holding its channel well with an imminent golden cross as the 50dma looks to cross the 200dma. Holding its uptrend, lets see if it can break relative highs that have acted as resistance in the past.
CROCS IN WAVE III OF MAJOR GRADEI called the enter (green arrow) on the SMA 100 weekly in my group. In my opinion we are in a minor 3 wave of a III major wave. The first target is around 60$ on 2020/2021.
PatienceWait for it to break out of the base channel it's been in. It's trying, but needs to close above it, or have an early breakout.
Stellar Trend"STRONG BUY
The Barchart Technical Opinion rating is a 88% Buy with a Strongest short term outlook on maintaining the current direction.
Longer term, the trend strength is Maximum." Barchart.com
So much to choose from this earnings season.
Crox INC has been a huge winner up 48%, let it run.As previous target have been hit we say just let it run.
Short interest remains high at 15.31% squeeze will continue.
Crocs, Inc. engages in the design, development, manufacturing, worldwide marketing, sale and distribution of casual footwear, apparel, and accessories for men, women, and children. It operates through the following segments: Americas, Asia Pacific and Europe, Middle East & Africa (EMEA). The Americas segment consists of the revenues and expenses related to product sales in North and South America. The Asia Pacific segment includes the revenues and expenses related to the product sales in Asia, Australia and New Zealand. The EMEA segment contains the revenues and expenses related to the product sales in Europe, Russia, Africa and the Middle East. The company was founded by Scott Seamans, George B. Boedecker, Jr. and Lyndon V. Hanson III in 2002 and is headquartered in Niwot, CO.
CROX Day Trade?Blowout earnings, upped guidance, inverted H&S
Daytrade idea for today, maybe it works maybe it doesn't.
REVERSAL ON THE WAY IN CROCS DUE TO NEW PRODUCT LINECrocs Inc. CROX, +9.60% stock rose 2.4% in Friday premarket trading after Baird upgraded shares to outperform from neutral and added the shoe company to its "Fresh Pick" list. Analysts led by Jonathan Komp think the company's recent stock decline is overdone, and point to brand momentum and a strong pipeline of clogs to come as reasons for optimism. Crocs shares have taken a 31.2% tumble in 2019 while the S&P 500 index SPX, -0.03% has gained nearly 18%. "We see potential for upside to Q2 estimates and for brand heat to carry well into 2020 given a robust clog/sandal pipeline, planned additional collaborations, and emerging international opportunities," the note said. Among the items on the way are an all-terrain clog with elevated traction and premium clogs, including a pair priced at $55 "that plays to the dad shoe trend."
AVERAGE ANALYSTS PRICE TARGET $29
AVERAGE ANALYSTS RECOMMENDATION OVERWEIGHT
SHORT INTEREST 11.55
Crocs, Inc. engages in the design, development, manufacturing, worldwide marketing, sale and distribution of casual footwear, apparel, and accessories for men, women, and children. It operates through the following segments: Americas, Asia Pacific and Europe, Middle East & Africa (EMEA). The Americas segment consists of the revenues and expenses related to product sales in North and South America. The Asia Pacific segment includes the revenues and expenses related to the product sales in Asia, Australia and New Zealand. The EMEA segment contains the revenues and expenses related to the product sales in Europe, Russia, Africa and the Middle East. The company was founded by Scott Seamans, George B. Boedecker, Jr. and Lyndon V. Hanson III in 2002 and is headquartered in Niwot, CO.
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