NickCoulby
Long

Explosive potential from Deckers Outdoor Corp

NYSE:DECK   DECKERS OUTDOOR CORP
176 2 3
Deckers Outdoor Corp             has spent the first half of this year grinding out a weekly pennant after a 100%+ move FY 2013. The interesting part about this 6 month pennant is that it represents the cup to a 2.5 year cup and handle formation. With RSI remaining in the bullish zone, minimal OH resistance, as well as a MACD cross on the daily I'm anticipating an explosive move to the upside in the intermediate term.

Rebounds

Breeluce
DECK 3R trade
Breeluce about DECK 2 years ago
LEONES PRO
2 years ago
Great!
+1 Reply
NickCoulby PRO
2 years ago
We have liftoff
Reply
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