Crocs, Inc. (NASDAQ: CROX): 2:12 PM NYC time: Just a quick post to note the relative strength exhibited by CROX today. You can see this on the chart above, which compares CROX to the Cubes (NASDAQ: QQQQ) over the past four hours (5-minute candlesticks). As per my most recent CROX and Cubes postings, CROX is back to support at its moving averages, which should represent a good entry point in and of themselves, subject to overall market performance, which dominates, especially when…
…you’ve got the kind of that’s been highlighted in my Cubes postings going back to the Stealth Distribution posting of April 28th, the 1, 2, 3 Reversal posting of May 3rd, and the Dog That Didn’t Bark posting of May 8th, among others. Hopefully you’ve made some good money to the short side and are looking for the long trade entry point. Cheers!
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