Massive double top and big rejection weekly candles. Price may pull back, if it does I will add to my short. I have a small short position at the moment, it could take a few weeks to drop.
Analyzing the options chain and the chart patterns ofCROX Crocs prior to the earnings report this week,
I would consider purchasing the $120 strike price Puts with
an expiration date of 2023-12-15,
for a premium of approximately $13.10.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to...
Crocs - CROX - 50% away from All-Time Highs? So many people wear these shoes. How many people own the stock? How many people know that the stock is 50% away from all-time highs? If Crocs can maintain price above the 200 day EMA blue 'watermark', we may see more upside. What are your thoughts on Crocs?
when it comes to market analysis there would be an intense argument on what type of aalysis works for the market. While there is no correct answer for this since it all would depend on the individual trader. Some traders prefer technical analysis for several reasons. One key advantage of technical analysis is its focus on price action and market behavior....
To consider the potential of this outcome, we can examine a few factors:
Recent Performance and Future Outlook: Crocs recently topped fourth-quarter revenue views and reported an optimistic 2023 outlook with profits exceeding analyst consensus views. The company expects revenue to grow 27%-30% with adjusted EPS of $2.06-$2.19 in Q1 2023, and full-year sales...
I'll be looking to place a call option next week. Looking for a daily trigger either near yearly open or a daily close above quarterly open. I rarely trade options, but this one looks too good to pass up.
Having much sects on 1/3 position with trim and trailing ,also added on the rise was a great shoe experience here
Hoping same for NYSE:ONON (position )
Refusal check on day trade , but held nicely on timely additions in batches
Made money in 2023 !
CROX is approaching the 144 - 146 resistance zone.
It's possible for it to go for 148-150 but I won't chase it as R/R isn't good enough for me right now.
I'll wait for a small correction that should last more or less one trading day and ideally price needs to be contained by the orange marked zone.
So, I won't touch it until Wednesday at least so I don't get...
Uptrend
although market is not so bullish but this char has shown that its gonna get 184 so i suppose it can be good buying opportunity by setting SL in a sure level.
Crocs has been running since last summer. Now after a three-month pause, the footwear stock may be poised for upside continuation.
The first pattern on today’s chart is the bullish price gap after earnings beat estimates on February 16. CROX tried to rally but falling MACD dragged prices lower at the time. The oscillator proceeded to stabilize and turned higher...
Crox is amidst forming a topping formation in the pattern it is in. I think it has little gas in the tank and if the top confirms, I will look for an entry. Zoom in to see my play. Should be quick, 6:1 risk/reward. For longer term shorts, 50% retracement should be around $125, but I would imagine it could form a Bearish Head and Shoulders (the longer term path is...
Price in clear uptrend with the major MA sloping up
Recent earnings good and came with a gapup
execution on the base formed and break up of it
SnP500 and NQ Showing sign the retracement is ending and a new up swing is in motion
Stop if close firmly below 120, or a very strong selloff Price Action
TP1: at prev swing high arnd 143.5 take 3/4 out
TP2: arnd 150 ,...
I see some potential bearish patterns here. Is very early to tell but if it happens is going to fall very fast like it did before. The big rejection at the $140 level tells me that the price is losing steam and it can turn around at any moment. I have a short position. I know I could take a few more days to build up, I'm waiting.
holding above trend support zone/local trend support and RSI, this is what we call nice cluster support!
good chances we bounce here and head to 130_ soon, boost and follow for more.. thanks <3
