CROCS - CROX, I think I'll go barefoot this summer

CROCS - CROX, I think I'll go barefoot this summer

The daily chart for CROX looks to be coming upon a decision point, there has been a nice run up since the fall in line with the market. If it breaks through the $16 - $17 area the upwards trend looks to remain intact. Today it looks like there is some indecision and perhaps are turn is emerging. The reason for this may lie in the weekly chart below. The last year or so has seen lower highs and lower lows for a trend that is entirely downward in trajectory. Keep an eye out for a shorting opportunity.