Bears Appeared - Crocs | Candlesticks

Facebook (FB)

JP Morgan (JPM)

AutoZone (AZO)

Yahoo (YHOO)

Apple (AAPL)

Medtronic Reports Fourth Quarter Earnings

Cracker Barrel Reports Earnings, Increases Guidance

Best ETFs For Facebook Exposure

Is Yum! Brands Closing in to Support?

Intuitive Surgical Bullish Signs

Bears Appeared - Crocs

Published on Thursday, 29 December 2011 04:30 Written by Christopher Lynn

crox New York, December 29th (TradersHuddle.com) - Shares of Crocs, Inc. (NASDAQ:CROX) ended the trading session lower by $0.93 or -5.86% from its previous close. Crocs' price action formed what is considered to be a bearish engulfing candlestick chart pattern.

Crocs, Inc. (NASDAQ:CROX) produces soft, lightweight, non-marking, slip- and odor-resistant shoes made of closed-cell resin material. Crocs manufactures a wide assortment of styles for men, women, boys and girls and markets them to retail chains.

Crocs' current stock range is defined by calculated support defined at $14.20 and by the resistance level at $15.53, which should be used by traders planning their trades.

Traders wanting to establish a position in Crocs stock need to pay close attention at the bearish engulfing pattern, since it could mark a trend reversal to current Crocs shares price action. The Bearish engulfing pattern is a leading warning sign, therefore traders should closely monitor price action for indications of a trend reversal. Below an Engulfing Bearish Candle Illustration:

Crocs Shares Fall as the Public Starts to Realize They Look Silly - Benzinga
Crocs Plummets on Q1 Earnings Results - Benzinga
Crocs Down 8% After Missing Earnings Estimates - Benzinga
Crocs Falls 11% on Light Q1 Guidance - Benzinga
Bank of America: Croc Has Reaffirmed Position as a Year-Round Brand - Benzinga
Crocs Seeks Growth Opportunities in Brand Licensing - Benzinga
Dollar Stores: Trouble Is Brewing - TheStreet.com
Crocs Rises On Unusually High Volume (CROX) - TheStreet.com
Stocks to Watch: Urban Outfitters, NYSE Euronext - TheStreet.com
Urban Outfitters, Crocs: After-Hours Trading - TheStreet.com

Volatile market? That's when profit potential skyrockets for options traders. Now you can get up to 50 trade opportunities a week from top options experts -- plus much more -- on our exciting new site OptionsProfits. Try it FREE!