$CROX
Added 2023-08-03 13:10:37 +0000 UTCHas done little to turn around this clear large ABC correction.
Some of my early followers from Twitter will know how I have said for over a year now that this entire structure has been corrective and in spite of continuous earnings beats the chart remains in tact.
Price has lost the 50 and 200 Day MA and the 50 Day may cross down through the 200 Day MA very shortly, making this structure even more bearish.
$50 is a long way down so we will watch how this structure develops, being able to buy anywhere close to this level would be a bargain.
Comments
If this hits $50, I am loading up. I love my crocs.
Diana
2023-08-03 14:34:38 +0000 UTC
