Coureur_de_bois

Breakdown of $CROX from Falling Channel to Bear Pennant

Short
NASDAQ:CROX   Crocs, Inc.
Another 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.
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