Falling Crocs facing key support level
Wesley Harr | firstname.lastname@example.org
On April 25 we mentioned that the footwear maker Crocs was facing major resistance levels going into the quarterly results. Since then the stock has dropped some 18 percent and its now testing the reactionary low of $17.37 from Oct. 18, a notable support level as shown on the eight-month chart below.
(Chart courtesy of tradeMONSTER)