Deckers Outdoor Corporation engages in the design, manufacture, and
marketing of footwear and accessories for outdoor activities and casual
lifestyle use for men, women, and children in the United States and
internationally. It operates through UGG, Teva, Sanuk, Other Brands,
eCommerce, and Retail Stores segments. The company offers luxurious
comfort footwear, handbags, apparel, and cold weather accessories under
the UGG brand name; open and closed-toe outdoor lifestyle footwear,
light hiking shoes, freeride mountain bike shoes, amphibious footwear,
and rugged outdoor cross training shoes, as well as multi sport shoes
under the Teva brand name; and action sport footwear under the Sanuk
brand name. It also offers high end casual footwear under the TSUBO
brand name; outdoor performance and lifestyle footwear under the Ahnu
brand name; and work footwear under the MOZO brand name, as well as
running footwear under the Hoka One One brand name. The company sells
its products primarily to specialty retailers, department stores,
outdoor retailers, sporting goods retailers, shoe stores, and online
retailers.
To review Decker's stock, please take a look at the 1-year chart of
DECK (Decker's Outdoor Corporation) below with my added notations:
Decker's stock has been stuck within the same $50 to $60 area since
April. In addition, during that time DECK has created a strong
resistance at $60 (blue) and the stock has tried to push through that
resistance several times. A break through that $60 resistance would also
be a new 52-week high for the stock and should mean higher prices
moving forward.
The Tale of the Tape: DECK has a 52-week high
resistance at $60. A long trade could be entered on a break through that
level with a stop placed under it.
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