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Nick_C_
Jun 8, 2014 7:47 PM

Explosive potential from Deckers Outdoor Corp  Long

Deckers Outdoor CorporationNYSE

Description

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.
Comments
LEONES
Great!
Nick_C_
We have liftoff
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