Close to the 50 Day Moving Average: Crocs

New York, January 23rd (TradersHuddle.com) - Crocs, Inc. (NASDAQ:CROX) closed the trading day at $14.27, near its 50 day moving average that is set at $13.72. Crocs' price action is just above this important support level, providing a trading opportunity.

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.

The peaks and troughs algorithm shows calculated support at $14.13 and calculated resistance at $15.90. These levels should also be evaluated when planning trades, as they provide an insight into the latest price action.

Traders wanting to establish a position on Crocs should look for evidence of buying near the 50 day moving average, and open this position as close as possible to this important level. Also, they need to consider the latest range defined by the peaks and troughs algorithm for insights on other key levels that might impact an upside or downside move.

Note - Automated Content Created By TradersHuddle's Technical Scanner




Related Partner Headlines

    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!

    TradersHuddle Search

    Stock Search:


    Site Search:

    Loading

    Technical Scans

    Recent Trading Ideas

    Latest Partner Headlines

    Stock Market

    Loading
    Chart
    o Dow Jones 17,750.91 ▼140.25 (-0.78%)
    o S&P 500 2,063.37 ▼18.06 (-0.87%)
    o NASDAQ 4,763.22 ▼54.37 (-1.13%)
    INDEXDJX:.DJI

    Dow Jones

    Company ID [INDEXDJX:.DJI] Last trade:17,750.91 Trade time:4:30PM EDT Value change:▼140.25 (-0.78%)
    INDEXSP:.INX

    S&P 500

    Company ID [INDEXSP:.INX] Last trade:2,063.37 Trade time:4:30PM EDT Value change:▼18.06 (-0.87%)
    INDEXNASDAQ:.IXIC

    NASDAQ

    Company ID [INDEXNASDAQ:.IXIC] Last trade:4,763.22 Trade time:5:15PM EDT Value change:▼54.37 (-1.13%)

    In The Wires

    Copyright © 2013 TradersHuddle.com. All Rights Reserved.