CROX trade ideas
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.
ANALYST RATINGS
$CROX Not just the perfect fit yet. Wait for break above $29We have missed a opportunity in CROX which announces earnings tomorrow. Love the product and company but the stock has rallied into earnings and is starting to lose momentum. We will look for a entry on any pullback or on break of resistance at $29, on our watch list as summer season approaches.
Company Description
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.
Crox 25-65% gain within the next 1.5 monthBased on the channel mapped out, and the tightening bollinger bands, I'm expecting a move the upside, with profits of 25+%
Mar 15 - CROXCROX 15-Mar-19
IV: 74.9, IVR: 100% (Elevated)
+0.07D Long 1 Call: 36 Strike @ $0.13
-0.09D Short 1 Call: 35 Strike @ $0.18
-0.14D Long 1 Put: 24 Strike @ $0.38
+0.20D Short 1 Put: 25 Strike @ $0.58
0.04D Credit: $0.25
PCR: 76:24
$CROX Holding Support - Unusual Options Activity$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.
CROX, where never a bad fashion trendIf patterns repeat, then I"m going out on a limb here and going to guess that $CROX is going to make some nice gains. Currently watching it until the reversal, and uptrend are confirmed. This could be a nice 15%+ gain, patience is key. uc.
SUNPOWER ( SPWR ) LONG TERM OPTIMAL BUY PT IN Q2 2020Ran monthly model of SPWR and output suggested SPWR will hit optimal buy point in Q2 2020
CROX Waiting for the pull backCROX has been incredibly strong but I believe a pull back is imminent. My buy point is closer to 28.
CROX - Pennant breakout long from current level to 31.83CROX seems breaking out forming a Pennant formation. It just sitting at the support right now. Smart money flow is very strong. We think it will be a good long opportunity from current level.
CROX - Stop signal 25.63 , Target 31.83.
Short: CROX breached major resistance line in long term uptrendCROX breached a major meme line and its current P/E ratio and earnings does not indicate to me that this is sustainable (in the immediate short-term). Going to short at least until its the higher longterm trendline.
Trade idea CroxCrocs 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 candidate for some continued upside potential.
Beware of earnings approaching November 7th.
Option value should increase going into that volatile event.
Trade idea CroxCrocs 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.
CROX ...UPDATEAfter initial breakout and nearby stopping me out due to the bad SKX earnings, CROX is looking good now. If it can continue today i will set stop to break even.
