Let me start off saying that i hate Crocs and i will never own a pair, but i recognize that other people like them and in a way Crocs can be considered the new age Sandal.
The Juice
I'm no expert at any of this, but even i can see that Crox is undervalued by A LOT. Their recent acquisition of HEYDUDE shoes that costed them 2B in debt is what seems to have...
Crocs'(CROX) acquisition of casual footwear brand Hey Dude is expected to be "immediately accretive to earnings" and will also allow the clogs maker to diversify into larger footwear markets, B. Riley said in a research note emailed Monday.
Crocs (CROX) said Thursday it agreed to buy Hey Dude for $2.5 billion. The company said it would pay $2.05 billion in cash...
CROX, the ticket symbol for Crocs footwear company is forming a HS in the weekly. The pattern is not completed yet but I'm not waiting. I just opened a short position at current price and expect it to finish out the pattern in the upcoming weeks. A more conservative approach would be to wait until the pattern is completed an open a short position at $104 level...
Plenty of zones on $CROX chart
Had an insane 2021 run (RSI was oversold for 12 months)
Showed strength going into close 2/4/22 after holding support area
Will be watching for continuation and rejections
Should be a fun one for next couple weeks leading to earnings
Trading, not investing.
crox going for the final gap fill, I'm not surprised since most gaps are eventually filled.. I'm bearish short term bullish long term on this one.
looking for potential dip entries around 70.28-85.28 support levels.
like and follow for more! 💘
Trend continuation after correction to the 200 MA.
200 MA and strong support at around $120 seem to be holding.
Maybe Crocs Inc. is building a double bottom.
First TP is about 184$
Second TP is about 246$
SL is about 105$
chance is 36% or 83%
risk is 21,5%
Ratio TP1 = 1.7
Ratio TP2 = 3.9
ARCs are known to be volatile on the way down.
This is a weekly chart. Most ARCS will fall between the .5 and .786 fib levels with the average falling between the .618 and the .786 fib levels. An Arc can fall less or more than these levels.
No recommendation.
Short termoutlook.
Bullish outlook for gains at 132.11, then 142.06 and 149.49. Invalidation at 116.62.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere...
$CROX suffered at -36% decline from its peak in 2 months, deflating its rising 10/20MA but leaving the 50 and 200MA intact.
interesting to see $CROX supported by its Q2 post earnings pocket pivot at $120 with 2 hammer bar this year.
pretty for a mean reversion setup
The asset has now arrived at great support and has the potential to swing to the following targets in case we violate our midterm resistance labeled as R1.
The double bottom at 115.69 with the increase of volume is the indication of the support in play for 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...
$CROX Targets
I think the earliest I’d jump in would be 112.84…
And every target below that would be a buy level…
If you have a position I’d get out at around 148.26 if it goes that way…
I have no position at the moment but right now Target 1 and 2 are looking pretty good. I’ll update if I take anything…
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I usually trade both ways, but...
You can buy CROX target 157.27 stop loss 116.05
Money management your responsibility.
I recommend entering a maximum of 10% of the portfolio.
Good luck
