$DECK on Watch List for Break-out to ATHs

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.

Trade active

3/15 Starter position (small) on light volume break out. Entry $341.24 Flexible Stop $339. If this does not hold and perform I'm out until it breaks with volume.

Trade closed: stop reached

Note

Still on watch list

jaxdog

Ideas I publish are my own. They are not meant to be investment / trading advice. You are encouraged to do your own due diligence.

I may or may not take any trade published and I am under no obligation to post any action or update to any idea.

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jaxdog

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