DECKERS OUTDOOR CORP
(DECK-Nasdaq):
Technical Viewpoint: From a low
of $132.13 on May 23, 2008 prices
rallied, reaching a
high of $142.53
on May 29, 2008. A
decline saw prices pull back, reaching a
low of
$121.37 on Jun 12, 2008.
Another rally saw prices penetrate
resistance, closing 6/20/08
at $139.55. Technicals: Demand Index (DI): A Buy Alert!
was given on Jun 20, 2008 when the solid line crossed the dotted line to the upside.
Support: Remains at $134.00. Resistance: Is at $139.99.
Point & Figure: Reversed to the upside on Jun 13, 2008. A P&F upside
reversal takes place at $132.00. Summary: Technical indicators have turned bullish. BUY! DECKERS OUTDOOR CORP
(DECK-Nasdaq) @ $139.75 Stop: Use a protective stop of $137.13.
DECKERS OUTDOOR CORP is currently trading @ $139.55 plus $3.00 on Jun 20, 2008. Price Objective:
$169.50. Risk/Reward: $2.63 VS. $30.00. Today's Risk Reward Ratio: 11:1
|
Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$169.50
Risk/Reward:
$2.63 VS. $30.00
Risk/Reward Ratio:
11:1
|