$CROX has a a few bearish signals aligned. 1. From the Chikou Span, we can see a Head and Shoulder formation is sighted. 2. The Chikou Span has also cut the Tenkan sen; a confirmation that the support has been breached. 3. Tenkan sen has cut Kijun sen; forming a weak bearish cross. Currently,… Continue reading $CROX . Bearish cross.
Crocs (CROX) has a sell off for the past 3 days after its estimated earnings for short of the consensus. While the selling is fast and on high volume, we do need to watch out for a swift rebound. From the Ichimoku chart, we can see the following: 1. Daily Chart shows that it is… Continue reading Crocs Inc (CROX) : Selloffs. Watch for the Support levels
Crocs is making a comeback. On the Ichimoku Daily Chart, it just had a Bullish Tenkan sen – Kijun sen cross; breaking through a key resistance. The resistance at 7.19 comes from the kumo on the Weekly Chart.