Technically, (TA wise) DECK never did fill in the gap up in early 2010. That is at $35.46. That is where it should fall to fill in the gap. Anything lower, and DECK will have a huge problem to contend with. $32 has no significance here, TA wise. You need to have a capitulating event to flush out the remaining weak hands in other to exhaust the sellers. It could be at $35, $32, or even $28 for that matter. No one knows???
avg daily volume on DECK is about 2 mil, when you see 2 to 4X vol, then you buy IMO. That should exhaust the sellers but good. On top of that, you have a huge short interest and you are looking at a stock making over $4/share with a PE of 7. Get ready for the washout and the Christmas run to $50s!!