CROX Waiting for the pull back

NASDAQ:CROX1D

Crocs, Inc.NASDAQ

Description

⋅ Jan 14, 2019 2:28 AM

CROX has been incredibly strong but I believe a pull back is imminent. My buy point is closer to 28.

Comment

⋅ Jan 21, 2019 5:41 AM

Probably take a half position if we get down to about 28.50. Want better R/R off the 23.60 swing low.

Chart Patterns Trend Analysis

Comments

vishn90

⋅ Feb 15, 2019 5:34 PM

You think it is a good buying point now?

WadeYendall

⋅ Feb 15, 2019 7:50 PM

@vishn90, Looks to be finally basing. Could try for a cup and handle breakout entry if it gets above the 20sma at about 28.50 with stop at the most recent swing low of 26.50.
Beware of earning coming up. You want to see an increase in volume on any up moves.