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Plastic shoe fake out in progress?

Revisiting CROX, where last week I was looking at a possible cup and handle forming, well now it does indeed look like that has come to pass. But I have to wonder, while looking at today’s price action, if eager buyers of yesterday’s breakout are really caught in a massive fake out instead! Time will tell, but so far I’m glad I didn’t jump on board yesterday.

2 comments to Plastic shoe fake out in progress?

  • […] New England hasn’t exactly got me fired up for plastic shoes, but it is worth noting that the cup-with-handle followers were rewarded by CROX today, which is up over 8% on no news, except that the weather is crappy […]

  • […] * Capping executive pay doesn’t send the muckety-mucks scurrying after all (Bonddad). […]

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