Deckers Outdoor (DECK) is a designer, producer, marketer, and brand manager of footwear, apparel, and accessories. This stock is trading up 3% at $49.92 in recent trading.
Today's Volume: 1.9 millionAverage Volume: 1.7 million Volume % Change: 50% >>5 Huge Stocks Ready to Slingshot Higher From a technical perspective, DECK is pushing higher today with above average volume. This move follows yesterday's spike which took DECK back above its 50-day moving average of $45.64 with heavy volume. Traders should now look to play the next major breakout trade for DECK. That trade will trigger once DECK takes out some near-term overhead resistance levels at $48.41 to $49.75 with high volume. Look for volume off a sustained move or close above those levels that hits near or above 1,706,050 shares. At last check, DECK has hit an intraday high of $50.34 and volume is 1.94 million shares. This breakout is underway right now, and if it can hold, then look for DECK to re-test or possibly take out its next major overhead resistance levels at $54.88 to $59.07.
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