It’s looking like Crocs ($CROX) is about to start running. (December 16, 2019)

by DAN CROX 
Just a quick video, Crocs ( NASDAQ: CROX ). I haven’t traded this stock in quite a while but I am about to. The stock is trading in a sideways consolidation range. It is really kind of about here, it peaked out above it here in October and tagged $39.00 before kind of pulling back.

Now the stock is right back to where it was only in a more sustainable way; because the stock, frankly, it just kind of broke out today above this last high here. Whereas, when the stock ran up to 39.00 before the break out was really back here, right there. Here the stock is at $30.00 and it just runs up really nicely and finally hits $39.00.

Now we are kind of starting the process all over again and it is looking to me like Crocs ( NASDAQ: CROX ) is going higher. So you are buying the stock here, you want to give it a little bit of room. Frankly, if you want to play it really tight make it about 36.30. If you are a little more patient you could make it about 33.80; below the 50-day moving average, it just depends on what your time frame is. I think Crocs ( NASDAQ: CROX ) works really well here.

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