June Gainers (DECK, account up 4.78%)9th trade in June is NYSE:DECK .
Holding period is 0 day.
Account is up 4.78%.
Total return in June is 10.62%.
DECK trade ideas
DECK on the way to $520+Given the consistent upwards trend of DECK over the past few months, it seems to be a solid swing trading opportunity.
Reasons
- Consistently finds support at the 180SMA and tit makes a 20% gain before falling back to the SMA
- Recently broke the 14EMA and is on it's way to a high of around $520 before falling back to around $500
Momentum Stock: Deckers OutdoorsDeckers has had a nice steady run over the last 12 months climbing around 65% over the last 12 months, and more before that.
Probably too expensive at this stage and I'd be waiting for a pullback into the lower end of its range with sign of a recovery.
One for the watchlist.
Rising WedgePrice is below the bottom trendline of a bearish rising wedge.
Strong stock with a recent earnings beat.
Rising wedges have 2 trendlines and they both slope up and narrow at the apex. This pattern is not valid until the bottom line is broken and it possible for price to break up from a RW.
The rising wedge will slope up and with the prevailing trend. The loss of upside momentum on each successive high gives the pattern its bearish bias. However, the series of higher highs and higher lows keeps the trend inherently bullish making these difficult to trade at times.
A RW can cause an imbalance in supply and demand.
No recommendation/ATH 451.49. Price is above the .236 of the trend up which can be a dangerous place to be when the market pulls back substantially.
This stock is one of my faves and I will watch it for now.
Cup and Handle Pattern BreakoutThis is the amazing Trade will find at the moment. Deckers Just gave the Breakout from the Handle Formation And with Gap Up which shows the Bullish Sentiments. As Market Makers are Coming In with the Fresh Buying to take the market up to the Previous Resistance Zone from where price falls. (Level $445 - $450). To Trade safe One can take entry now and get exit at the $410 - $415. Please look at the Chart pattern.
DECK LongFrom my Chart You can see that Deckers Outdoor Corporation are Consolidating at the Important Key level range between $340 - $370. Along with it you can see that Cup and Handle Pattern. We are in the Last phase of the Pattern which is handle. Once it gives breakout, We will be ready to buy the stock. Target Price should be somewhere around $410 - $415. But it will again Test the level of $445 which was previous Resistance level. So, those who want to hold till $445. probabilities are in the Favour. NYSE:DECK
Strong Stock/Bad PatternThe crooked W is there and if the 4th leg has terminated, it did so right above the 1.618.
In the scheme of things it does not matter what the name of this crooked W pattern is, but I think it fits a Deep Crab pattern which often terminates at the 1.618. This could even form a Rectangle and bounce around for a while up there.
I love this stock and it has served me well through the years. Price is above the .382 of the trend up, so I am not buying this dip. This is one of my trading rules I had to invent for a bear market as I have never been trading in a bear market before now. I may regret this decision as this is a ways beneath the high. But it is still over the .382 and I try to stick to my rules.
Possible RSI bearish diversion although it is slight.
ATH is 451.49.
This stock often moves with LULU and can be extremely volatile. If it goes down, which I am guessing it will eventually, it will not be without a fight. When EPS is almost equal to the PE ratio for a stock that is healthy and is still growing, I am impressed so this has been a long term holding for me until recently. Plus I wear Hoka shoes to jog in!
No recommendation.
Short interest is less than 3%. Earnings are 10-27 AMC.
EPS (FWD)
18.06
PE (FWD)
17.71
Div Rate (TTM)
0
Short Interest
2.66%
Market Cap
$8.49B
I guess sometimes I have to let things go when they are just too heavy to hold on to anymore )o:
BULLISH CONFLUENCESInteresting scenario on DECK; bullish bounce over 200MA with positive divergence and strong increased volume that led to an inverted head and shoulders, signaling a bottoming pattern has developed over weekly time frame, now projection offer a 2R/R longs
DECK - touch and go - (8/30/21)Buyers want this stock and every time it has hit the 23EMA we have seen this shoot up. The trend is still in its early stages since it came from a longer term consolidation but it appears to be very strong. Once the stock broke out on strong volume on Jun 25th this has been a strong stock. We are seeing that every time this stock has hit the 23EMA the ATR has been declining and then shoots up and then settles for its next move higher, basically a textbook healthy uptrend.
Bear case is that volume is somewhat lacking but only price pays and recent volume was the most we have seen in years which could mean a change in character.
Personally I would manage risk just below the 23EMA to have a little cushion since it is a area of interest not a hard cutoff. This stock could really run since the uptrend is very new.
$DECK on Watch List for Break-out to ATHs$DECK has been consolidating in this box since early January. It's tried to break out a few times but has yet to do it. I have an alert set at the upper line of resistance. Should it break that line with any increase in volume I'll look for a logical entry. I'll be treating it like a Darvas Box Break-out. Deckers beat on earnings but has yet to have any real reaction. All TBD. Ideas, not investing / trading advice.
From earningswhispers.com :
Deckers Outdoor (DECK) reported 3rd Quarter December 2020 earnings of $8.99 per share on revenue of $1.1 billion. The consensus earnings estimate was $7.01 per share on revenue of $965.2 million. The Earnings Whisper number was $7.94 per share. Revenue grew 14.8% on a year-over-year basis.
Deckers Outdoor Corp is engaged in designing, marketing and distributing innovative footwear, apparel and accessories developed for both everyday casual lifestyle use and high performance activities.
DECK ASCENDING TRIANGLEIt looks like Ascending Triangle pattern.
If it can break the resistance line it can start the pattern.
Lets see if it can be succeed in the second time?
These are my personal opinions, not investment advice.
DECK volume breakout w/ Volatility Contraction Pattern (VCP). -Tightening price over the past few weeks
-Never closed below the 21ema (blue)
-Higher volume on the breakout (over 50sma)
-MarketSmith Relative Strength at new highs
Cup and HandleEarnings 7-30 AMC
I just like this stock but not a recommendation. Gap around mid cup so keeping my eye on the dreaded gap below me
Stop below handle low. Not quite to break out
Deckers outdoor Corp Trade Setup
Possible entry level $180
Target price $199
Stop loss $173
Ascending triangle formed.
RSI and OBV in strong uptrend.
Moving averages crossing bullishly.
Company profile
Deckers Outdoor Corp . engages in the business of designing, marketing, and distributing footwear, apparel, and accessories developed for both everyday casual lifestyle use and high performance activities. It operates through the following segments: UGG Brand, HOKA Brand, Teva Brand, Sanuk Brand, Other Brands, and Direct-to-Consumer. The UGG Brand segment offers a line of premium footwear, apparel, and accessories. The HOKA Brand segment sells footwear and apparel that offers enhanced cushioning and inherent stability with minimal weight, originally designed for ultra-runners. The Teva Brand segment focuses on the sport sandal and modern outdoor lifestyle category, such as sandals, shoes, and boots. The Sanuk Brand segment originated in Southern California surf culture and has emerged into a lifestyle brand with a presence in the relaxed casual shoe and sandal categories. The Other Brands segment includes the Koolaburra by UGG brand. The Direct-to-Consumer segment comprises of retail stores and e-commerce websites. The company was founded by Douglas B. Otto in 1973 and is headquartered in Goleta, CA.
$DECK this daily chart is ripe Watch this in the next few days Strong close should take this to next resistance of 178
Deckers outdoors trade setupYesterdays upgrade
Deckers Brands rating change at Wells Fargo Deckers Brands upgraded to Outperform from Market Perform at Wells Fargo. Wells Fargo analyst Tom Nikic upgraded Deckers Brands to Outperform from Market Perform with a price target of $195, up from $177. The analyst notes the stock's upside guidance potential amid improving weather outlook for the 2nd half of FY20 and also cites the company's "compelling" portfolio structure along with its "cash cow" UGG brand. Nikic adds that Deckers stands to benefit from lean inventory levels at retail as well as the forecast of below-average temperatures for the Black Friday / Cyber week shopping periods
Read more at:thefly.com
P/E ratio 17.24
Short interest 7.78%.
Average analysts price target $185 | Overweight
Company profile
Deckers Outdoor Corp. engages in the business of designing, marketing, and distributing footwear, apparel, and accessories developed for both everyday casual lifestyle use and high performance activities. It operates through the following segments: UGG Brand, HOKA Brand, Teva Brand, Sanuk Brand, Other Brands, and Direct-to-Consumer. The UGG Brand segment offers a line of premium footwear, apparel, and accessories. The HOKA Brand segment sells footwear and apparel that offers enhanced cushioning and inherent stability with minimal weight, originally designed for ultra-runners. The Teva Brand segment focuses on the sport sandal and modern outdoor lifestyle category, such as sandals, shoes, and boots. The Sanuk Brand segment originated in Southern California surf culture and has emerged into a lifestyle brand with a presence in the relaxed casual shoe and sandal categories. The Other Brands segment includes the Koolaburra by UGG brand. The Direct-to-Consumer segment comprises of retail stores and e-commerce websites. The company was founded by Douglas B. Otto in 1973 and is headquartered in Goleta, CA.
Decklong and looking for macd/stochs to turn up to confirm its break of tight base running into resistance. Just my thoughts
