DayTraderXY

$DECK could be interesting tomorrow

NYSE:DECK   Deckers Outdoor Corporation
$DECK currently displays a ascending triangle with a strong resistance around 128.32 and a trend-following support line where the lows bounce. This is usually a bullish signal, but today the last minutes of trading also suggests a breakthrough down through support.
As support and resistance cross over tomorrow, the fate of the next days decide tomorrow: if the resistance is crossed, this suggests a #long position. If the support is clearly broken, a #short position could be worthwhile.
Penafian

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