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Deckers Outdoor Corp. Message Board

  • eechicken eechicken Feb 28, 2013 1:35 PM Flag

    My take on DECK

    DECK seems to be trading in a range. The resistance or high seem to be stuck around the 44-45 level. The positive (slight) is that the lows have been moving higher from 28.53 on 10/31/12 to 34.00 on 12/24/12 to 35.70 on 1/10/13 to 36.46 on 1/18/13 to 39.04 1/31/13 and just recently 39.60 on 2/26/13.

    Of course bad earnings or bad reaction to earnings and DECK will easily break the higher low of 39.60 set just 2 days ago.

    I could be way off but IMO, DECK comes in line for the quarter and raises 1st quarter guidance (mainly due to the snowstorms).

55.88-1.94(-3.36%)Jun 24 4:02 PMEDT