(CROX) Investment Analysis and Advice

August 09, 2024, 01:56 am ET, BY William C.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for CROX

• Buy CROX slightly over 129.76 target 147.43 stop loss @ 129.39 Details

The technical summary data tells us to buy CROX near 129.76 with an upside target of 147.43. This data also tells us to set a stop loss @ 129.39 to protect against excessive loss in case the stock begins to move against the trade. 129.76 is the first level of support below 131.75 , and by rule, any test of support is a buy signal. In this case, support 129.76 would be being tested, so a buy signal would exist.

• Short CROX slightly under 147.43, target 129.76, stop loss @ 147.86 Details

The technical summary data is suggesting a short of CROX as it gets near 147.43 with a downside target of 129.76. We should have a stop loss in place at 147.86though. 147.43 is the first level of resistance above 131.75, and by rule, any test of resistance is a short signal. In this case, if resistance 147.43 is being tested, so a short signal would exist.

Swing Trading Plans for CROX

• Buy CROX slightly over 147.43, target 164.58, Stop Loss @ 147 Details

If 147.43 begins to break higher, the technical summary data tells us to buy CROX just slightly over 147.43, with an upside target of 164.58. The data also tells us to set a stop loss @ 147 in case the stock turns against the trade. 147.43 is the first level of resistance above 131.75, and by rule, any break above resistance is a buy signal. In this case, 147.43, 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 CROX slightly near 147.43, target 131.7, Stop Loss @ 147.86. Details

The technical summary data is suggesting a short of CROX if it tests 147.43 with a downside target of 131.7. We should have a stop loss in place at 147.86 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, 147.43, 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 CROX

• Buy CROX slightly over 134.19, target 147.43, Stop Loss @ 133.88 Details

If 134.19 begins to break higher, the technical summary data tells us to buy CROX just slightly over 134.19, with an upside target of 147.43. The data also tells us to set a stop loss @ 133.88 in case the stock turns against the trade. 134.19 is the first level of resistance above 131.75, and by rule, any break above resistance is a buy signal. In this case, 134.19, 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 CROX slightly near 134.19, target 131.7, Stop Loss @ 134.5. Details

The technical summary data is suggesting a short of CROX if it tests 134.19 with a downside target of 131.7. We should have a stop loss in place at 134.5 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, 134.19, 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 Crocs Inc. (CROX) available here: CROX.

CROX Ratings for August 09:

Term →	Near	Mid	Long
Rating	Strong	Weak	Strong
P1	0	0	129.76
P2	129.31	122.05	147.43
P3	134.19	131.7	164.58

AI Generated Signals for CROX

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Prudent Investment Analysis requires observations of the support and resistance levels for Crocs Inc. (NASDAQ: CROX) too.  These define prudent trading plans.

Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for CROX 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 CROX 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 CROX too.  All of these are offered below the Summary Table.