So Guys. After the $DECK (-3.59%) split, the share could finally come down a bit. At 70-80$ I see us all for an entry.
Who's in? 🐊
So Guys. After the $DECK (-3.59%) split, the share could finally come down a bit. At 70-80$ I see us all for an entry.
Who's in? 🐊
Hi Guys,
once again something to brainstorm about. Some people probably find it difficult to make decisions about various share purchases. Maybe sometimes it's not so important when you buy a stock that you find interesting, but when you don't buy it, when not to buy it. Quasi rational hedging of Fomo purchases. Assuming that there is always a growth and investment thesis and factoring out a few bankruptcies, I make the following 2 assertions. There will definitely be pros and cons here:
Assertion 1:
The 200 DMA is the approximate fair value of a stock. It acts like a magnet, stocks that run far above or below it tend to return to the line sooner or later. (shown in the screenshot in gold)
A share that is well above the 200 level becomes unattractive to buy (although you could continue to hold it). (You could still hold it, however, but a "hold" is not included here). The assertion would thus encourage hasty purchases of e.g. $CMG (+1.05%)
$DECK (-3.59%)
$UBER (+1.62%)
$PSTG (-1.02%)
$CRWD (+3.09%)
$AMD (+5.31%)
$AXON (+1.36%) that are on my watchlist. What would I do in the case of Chipotle? I would wait until the stock returns to the 200 DMA.
Assertion 2:
Good times to buy are ALWAYS when the Weekly RSI is below 55 (preferably even below 50) and at the same time still below the average line (marked red in the screenshot)
You almost never hit the low when buying anyway. Nevertheless, you would buy your desired stocks close to the lows with a clear conscience and follow a clear line.
Now one or two people might say "but that's obvious". Then I say, it's not that clear. You only have to look at the Getquin timeline. Stocks with an RSI above 60 or 70 and well above the 200s are regularly requested here and considered good buys.
What do you think?
Does anyone act similarly?
Are the claims bullshit?
We've held a position in $DECK (-3.59%) since 2013...one of our strongest performers up +nearly 1,000%. A "tenbagger" as Peter Lynch calls stocks that return 10X your investment in 10 Years..
Hi Gais. I'm late again 🤣
Regardless of $ONON where I would like to be invested myself (also not possible with scalable), I have recently noticed another brand. I'm seeing more and more shoes from the "Hoka" brand. After a quick google, this brand belongs to $DECK (-3.59%) and what can I tell you, look at the chart 🤣 I love it when I have an idea and then it turns out that the party is over. Is anyone still $DECK (-3.59%) invested?
The price target is $177.24 and the stock is covered by 20 analysts.
Buy
15
Hold
5
Sell
0
Deckers Outdoor Corporation designs, markets, and distributes footwear, apparel, and accessories developed for both everyday casual lifestyle use and high-performance activities. Its segments include UGG brand, HOKA brand, Teva brand, and Other brands, as well as Direct-to-Consumer (DTC). The UGG brand segment provides premium footwear, apparel and accessories with expanded product offerings. The HOKA brand segment’s products include running, trail, hiking, fitness and lifestyle footwear offerings, as well as select apparel and accessories. The Teva brand segment includes a variety of footwear options, from classic sandals and shoes to boots, all crafted for the demands of the outdoors. Its Other brands segment consists primarily of the Koolaburra brand, as well as the AHNU brand. The Koolaburra brand is a casual footwear fashion line that uses plush materials. The DTC segment encompasses all of its brands and consists of its e-commerce Websites and retail stores.