$CROX has the wedge breakout now above the green trend line and this week it is showing a small pull back....ideally a retest of the green trend line at $131 - $132 and holding confirms that the bulls have flipped this resistance level to a support level.
Next test will be breaking above the previous high at the blue line at $151.
Clearing this level and the next level to watch is at $185 which is very close to our First Target.
Bulls are in the driving seat here if they can keep the price action above the green trend line now.
swan786
2024-05-03 16:19:27 +0000 UTC