DECK — Compression Near Resistance: Breakout Setup Building?

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DECK — Compression Near Resistance: Breakout Setup Building?Deckers Outdoor CorporationBATS:DECKstreak35Hello Everyone, followers, DECK - Deckers Outdoor Corporation is the last one from my side for this week. Let's drill down: 📊 Technical Overview DECK is forming higher lows while pressing into a strong resistance zone around $128–130. Price recently broke above the short-term downtrend and is now compressing — a typical pre-breakout structure. Moving averages are flattening and turning upward, suggesting momentum is rebuilding after the previous correction. 🔹 Key Levels Support 112 → Key structural support 100 → Major demand zone 85 – 90 → Long-term support Resistance / Targets 128 – 130 → Breakout trigger level 133 → Next supply zone 150 → Major upside target 🔮Outlook The structure favors a bullish breakout scenario, but confirmation requires a strong daily close above resistance. 🎯 What I Expect If price breaks and holds above 130, momentum could accelerate toward 133–150. Failure at resistance could lead to another pullback toward 112 before the next attempt. If you enjoy and like clean, simple analysis — follow me for more. This is just my thinking and it is not invesment suggestion , please do not make any decision with my anaylsis. Have a lovely Sunday to all and hopefully green trade day for next Week. #TechnicalAnalysis #TradingView #Stocks #USStocks #PriceAction #TrendTrading #SwingTrading #BreakoutSetup #Consolidation #TradingSetup