Replies to post #425 on Crocs Inc (CROX)

[nowwhat2]

Seems reas.....

I used to feel 150's crossing 200's acted as quite a useful indicator.....

And here one can see that it's combined with a resistance breakout so........she COULD just keep on climbing.

https://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=Stock&symb=crox&x=32&y=15&time=100&startdate=1%2F4%2F2019&enddate=8%2F29%2F2024&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=1&maval=+150++200&uf=0&lf=1&lf2=0&lf3=0&type=2&style=320&size=3&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11


On the other hand though, shortly after such crossovers, a significant reversal ensued.


So, maybe it's NOT such a helpful indicator.......


Whenever the 150 crosses the 200 ?........Price quickly reverses direction

THAT would be implying that it's a SHORT right here !....... * AT $155-ish



it's gonna be a fun chart to watch I think

.


.