Crocs Intra-Day: Volume Hesitant After Morning Flurry

Crocs Inc. (NASDAQ: CROX): You normally want more of a volume increase to call a valid breakout and so far I’d call today’s volume hesitant. We’ll have to see how we close. It won’t be surprising if the stock hesitates or falls back into the base before earnings are announced at the end of next week (probably). But it also won’t be surprising if a major short squeeze erupts on the earnings news, assuming of course the company is able to beat estimates, raise guidance and not issue any serious concerns, such as major production or distribution problems. Cheers!

Index of my recent CROX postings
Crocs on

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