Ok Jim. Welcome aboard! I'm actually welcoming a trader omg! I'm glad you are long. If we pop above 40 it looks like support.....the chart shows support at 40. That big trader bought calls.
"One option trader Thursday bought about 10,000 January $50 “call” options, which give the trader the right to buy a million shares for $50 each by January. With the options costing a total of $1.1 million, the bet looks for Deckers shares to climb 41% to $51.10 by expiration on Jan. 19 to break even. Deckers’s shares last finished above that level Aug. 21."
IF $40 was support, then WHY is it trading BELOW $40???? I think you mean RESISTANCE. DECK broke 2 areas of support within the last 2 months. Support is at $34.26. And BTW, Technically, $40 means NOTHING. The next area of resistance is the 50DMA, or $43. Hopes this helps!!!!