Crocs, Inc. (NASDAQ: CROX): 3:55 PM NYC Time: Back from my fishing day and see that, true to form and as has been noted in some of my prior CROX posts, the stock made its highs early in the day then consolidated (see above 10-day hourly chart). Today is similar, only the daily candle has turned big and red. That’s often a stoplight for a prior move, at least temporarily. Time will tell. As mentioned in my pre-market earnings flash and my prior posts…
…a positive surprise was likely baked into the price. That appears to be the case, although we’ll have to see what happens next week to be sure. Profit taking abounds. Cheers and have a great weekend!
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