JMO, but it sure looks like S/T will test $60. If it breaches $60, it appears that there may be some support at $59. Just an observation on my part, but anyone wanting to go Long might just want to wait awhile.
Bottoming out soon, maybe one more day tomorrow for good measure, but stock si 10% cheaper, going into its best season along withforecasts for next year where UGG PURE comes into even more play and there are more stores.
Patience young grasshopper...stock just got ahead of itself going into earnings and "smart money" wants to level off some risk.