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CROX - Sector: Consumer Cyclical - Industry: Footwear

Started by B_Dub, May 05, 2006, 02:01:08 PM

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wpSoft2008

CROX is short-term overbought and will pull back next few days. Then it may be a good entry.

Chart shows downtrend turned into range. Today is also showing a possible bearish candlestick chart pattern.

Best price to get into:

1. $15
2. or $21 if trend break-out.

I will watch its development closely next few days.

Good pick.

daiwa

Your overbought entry getting even more overbought  ;D


wpSoft2008

#17
As I said that it was overbought.

Now at $17.18, it is oversold. But I expect it will drop to around $16 before going up.

Very hard for a retailer stock to turn to uptrend now.  TLB is one.


daiwa

Well, I think there´s not so many stocks exist can avoid GE and dow Stocks power.
Crox went up over 20% in a week, so, should assume it takes now a bit correction,
perhaps there´s double bottom you´re searching for ?

However, I am still at the shortside regarding to complete market. This correction didn´t end yet.

wpSoft2008

CROX down $5.00 today to $12.70 AH on its warnings.

Retailer is not a good sector to touch as I said. Fundamental is more important than technical. It is a good short stock.

wpSoft2008

CROX was down more than $5. It is a $10 stock.


daiwa

#21
Mamma mia, that´s what you can call dead for "funny money strategies".

Good call, I hope you shorted it! Generally I think 50/50 straddles works best way
with these shortsqeeze "funny money stocks". Firstly, there´s reason market shorting
them and secondly any surprizing news blow them to either direction.

Only problem is that sometimes market knows there´s big move coming behind the
corner and for that reason pricing "delta" to be very expensive, didn´t check crox
prices anymore but at least JOSB call and put sides were very expensive one´s 2 weeks ago,
meaning that buyer will have to expect a lot of theta value.

-D


setravis

Keep watch.......

Updated chart scene
"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

setravis

Today's closing chart...
"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

setravis

CROX - Breakout...
http://www.chartmoney.com/stockquotes.php?ticker=crox
Crocs, Inc. and its subsidiaries engage in the design, development, manufacture, marketing, and distribution of footwear for men, women, and children.
"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

setravis

CROX - Inverted Hammer Candlestick..
OverSold..
The Inverted Hammer and Shooting Star look exactly alike, but have different implications based on previous price action. Both candlesticks have small real bodies (black or white), long upper shadows and small or nonexistent lower shadows. These candlesticks mark potential trend reversals, but require confirmation before action.

The Inverted Hammer looks exactly like a Shooting Star, but forms after a decline or downtrend. Inverted Hammers represent a potential trend reversal or support levels. After a decline, the long upper shadow indicates buying pressure during the session. However, the bulls were not able to sustain this buying pressure and prices closed well off of their highs to create the long upper shadow. Because of this failure, bullish confirmation is required before action. An Inverted Hammer followed by a gap up or long white candlestick with heavy volume could act as bullish confirmation.

Day's Range: 15.73 - 16.16
52wk Range: 6.60 - 19.54
Volume: 2,673,793
Avg Vol (3m): 2,530,430
Market Cap: 1.39B
P/E (ttm): 26.89
EPS (ttm): 0.59
Div & Yield: N/A (N/A)

Technicals
13-day EMA Cross Below 50-day EMA

Last Price Quote is:
-3.91%below 13-day EMA
-4.00%below 50-day EMA
RS Rating: 79 


"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis