Stock Chart Scan (08/16/2010)

Today’s stock chart scan highlights Decker’s Outdoor (DECK) and Tempur-pedic International (TPX). As a manufacturer of footwear, Decker’s has recovered nearly five-fold from its bottom near $12.50. It’s chart now features a possible head and shoulders pattern and should be watched carefully. Tempur-pedic features a declining triangle pattern with a neckline of $28.25. With shares [...]

Today’s stock chart scan highlights Decker’s Outdoor (DECK) and Tempur-pedic International (TPX). As a manufacturer of footwear, Decker’s has recovered nearly five-fold from its bottom near $12.50. It’s chart now features a possible head and shoulders pattern and should be watched carefully. Tempur-pedic features a declining triangle pattern with a neckline of $28.25. With shares currently trading within 2% of support levels this stock definitely needs to be watched.

Deckers Outdoor Corp

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Deckers Outdoor (DECK)


Tempur-Pedic Intl

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Tempur-pedic International (TPX)