07th Jan 2011 – Pattern Study - CROX

Ticker:

 

1. CROX -- Have you wear CROX lately?

 

Topic:

 

1. Big Bowl Bottom

 

Lesson Learnt:

 

1. A "big bowl bottom" pattern proven to be very profitable especially if it appear in long term chart.
2. CROX's big bowl bottom lasted more than 6 months and then started to move up. RSI and Volume started to indicate that. MACD finally crossed above 0.
3. Many entry points along the MA lines.

 

Intraday Chart

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Historical Chart