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Deckers Outdoor Corp. Message Board

  • jacklunkas jacklunkas Jan 23, 2014 3:30 PM Flag

    Waiting for support ,then back in,POSER is NEVER wrong on DECKERS

    This will move much HIGHER.

    Sentiment: Hold

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    • You just said it was going to the mid 60s and to it is a hold going much higher. LOL, you are a laugh a minute. Another voice to put on ignore.

      And of course it is going higher - Go back and look at the chart and track 17-24 June and then the following month leading to earnings (fell from 54 to 47, then rebounded to 57 pre-earnings). This is a repeat as I said in earlier posts. It broke the bollinger bands and 50 day leading to an oversold status at the 72-73 level and now is showing signs of a rebound on a major market drop. The same thing occurred in June and led to a ride higher than before that fall. My estimate - we return to about 82-85 with shorts covering over the next month as they realize this is not going to miss earnings. If you have not been buying March calls and shares over this slide, then you have missed a great opportunity.

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