DECKERS OUTDOOR CORP
(DECK-Nasdaq):
Technical Viewpoint: From a low
of $125.41 on May 6, 2010 prices
rallied, reaching a
high of $147.69
on May 13, 2010. A
decline saw prices pull back, reaching a
low of
$122.28 on May 21, 2010.
Another rally saw prices penetrate
resistance, closing 5/28/10
at $141.50. Technicals: MACD Index (MACD): A Buy Alert!
was given on May 28, 2010 when the solid line crossed the dotted line to the upside.
Support: Remains at $139.00. Resistance: Is at $147.69.
Point & Figure: Reversed to the upside on May 25, 2010. A P&F upside
reversal takes place at $140.00. Summary: Technical indicators have turned bullish. BUY! DECKERS OUTDOOR CORP
(DECK-Nasdaq) @ $147.50 Stop: Use a protective stop of $144.75.
DECKERS OUTDOOR CORP is currently trading @ $141.50 plus $5.76 on May 28, 2010. Price Objective:
$187.50. Risk/Reward: $6.00 VS. $40.00. Today's Risk Reward Ratio: 7:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$187.50
Risk/Reward:
$6.00 VS. $40.00
Risk/Reward Ratio:
7:1
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