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Deckers Outdoor Corp. Message Board

  • eechicken eechicken Jan 29, 2013 12:45 PM Flag

    DECK seems to be rangebound

    from October 31 2012 low of 28.53 to high of 44.16 on December 7, 2012
    then to December 24, 2012 low of 34 to high of 41.93 January 2, 2013 to
    January 10 2013 low of 35.70 to high of 41 January 15, 2013 to
    January 18, 2013 low of 36.46 to high of 42.53 on January 25th.

    IMO, we are currently in a downward movement from the January 25, 2013 high to the next low before ranging to another short term high (Higher than 36.46 but lower than current price)

    This pattern may continue until earnings.

    Thanks

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