Traders, 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.
Comment:
slowly grinding downward to zone 1, price action tells the story. Trade safe
Trade closed: target reached:
zone 1 reached, if the overall market is weak the week of Dec 13th , we will retest zone 2. Nice R/R from zone 2. trade safe