Yep I should have shorted this....as the chart was clear as day. Sometimes the chart gives an easy reading sometimes they are incredibly complex.
But the complex charts teach you more.
$CROX is stuck to our projection and I know some of our traders have been shorting this and making money so fairplay for going after it.
The 50 day crossing the 200 Day while the trend was already moving down, further confirmed how weak this was and this decline has started since April.
Yuri van Huisstede
2023-09-26 05:20:58 +0000 UTC