It has been a good run-up for the past 5 months indeed for CROCS and CONGRATS to the long-term traders (as well as the short-sellers) who had entered and liquidated their shares at the beginning of this current week. There's a potential hidden selling at the top of this chart (where you might see 'jigsaws' and it's certainly a skill required to spot weak buying pressure among the jigsaws). One has to be sharp and precise enough to 'time' his/her sale. Let's watch during the coming weeks for possible signs of imminent sell-down.
Fingers crossed. Buyers who had missed the chance of entry into trade earlier, might look to enter once the price swoops into the temp demand zone. There should be prompt profit-taking by the short-term traders when decent profit could be substantiated.
Comments
Post a Comment