(DECK) Long Term Investment Analysis

September 29, 2024, 11:02 am ET, BY Momei- Contributor, Stock Traders Daily| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for DECK

• Buy DECK near 150.14 target 170.79 stop loss @ 149.71 Details

The technical summary data tells us to buy DECK near 150.14 with an upside target of 170.79. This data also tells us to set a stop loss @ 149.71 to protect against excessive loss in case the stock begins to move against the trade. 150.14 is the first level of support below 159.42 , and by rule, any test of support is a buy signal. In this case, support 150.14 would be being tested, so a buy signal would exist.

• Short DECK slightly under 170.79, target 150.14, stop loss @ 171.28 Details

The technical summary data is suggesting a short of DECK as it gets near 170.79 with a downside target of 150.14. We should have a stop loss in place at 171.28though. 170.79 is the first level of resistance above 159.42, and by rule, any test of resistance is a short signal. In this case, if resistance 170.79 is being tested, so a short signal would exist.

Swing Trading Plans for DECK

• Buy DECK slightly over 170.79, target 191.44, Stop Loss @ 170.3 Details

If 170.79 begins to break higher, the technical summary data tells us to buy DECK just slightly over 170.79, with an upside target of 191.44. The data also tells us to set a stop loss @ 170.3 in case the stock turns against the trade. 170.79 is the first level of resistance above 159.42, and by rule, any break above resistance is a buy signal. In this case, 170.79, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short DECK slightly near 170.79, target 158.7, Stop Loss @ 171.28. Details

The technical summary data is suggesting a short of DECK if it tests 170.79 with a downside target of 158.7. We should have a stop loss in place at 171.28 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 170.79, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for DECK

• Buy DECK slightly over 160.19, target 170.79, Stop Loss @ 159.82 Details

If 160.19 begins to break higher, the technical summary data tells us to buy DECK just slightly over 160.19, with an upside target of 170.79. The data also tells us to set a stop loss @ 159.82 in case the stock turns against the trade. 160.19 is the first level of resistance above 159.42, and by rule, any break above resistance is a buy signal. In this case, 160.19, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short DECK slightly near 160.19, target 158.7, Stop Loss @ 160.56. Details

The technical summary data is suggesting a short of DECK if it tests 160.19 with a downside target of 158.7. We should have a stop loss in place at 160.56 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 160.19, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Check the time stamp on this data. Updated AI-Generated Signals for Deckers Outdoor Corporation (DECK) available here: DECK.

DECK Ratings for September 29:

Term →	Near	Mid	Long
Rating	Strong	Strong	Strong
P1	0	0	150.14
P2	157.65	152.46	170.79
P3	160.19	158.7	191.44

AI Generated Signals for DECK

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Technically, Deckers Outdoor Corporation (NASDAQ: DECK) provides opportunities for traders who are watching the price of the stock oscillate over time.

Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for DECK change over time, so the report should be updated regularly.  Real Time updates are provided to subscribers.  Unlimited Real Time Reports.

Subscribers also receive market analysis, stock correlation tools, macroeconomic observations, timing tools, and protection from market crashes using Evitar Corte.  

Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if DECK is testing support buy signals surface, and resistance is the target.  Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly.  In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it acts as a level of risk control too.

Swing Trades, Day Trades, and Longer term Trading Plans:

This data is refined to differentiate trading plans for Day Trading, Swing Trading, and Long Term Investing plans for DECK too.  All of these are offered below the Summary Table.