Nike competes with Sketchers, Adidas AG, Steven Madden and K-Swiss in the global footwear market.

FORBES: Shoes Are Kicking But Nike Should Get Knocked Back Below $70

Like Steven Madden, Volterra has been climbing higher in what may be the right side of a base.

FORBES: Top-Rated IBD Stocks Retaking 10-Week Averages In Healthy Consolidation

Shoemaker Steven Madden, with the whimsically descriptive ticker SHOO, appears to be crafting the right side of a cup-shaped pattern it began in May.

FORBES: Top-Rated IBD Stocks Retaking 10-Week Averages In Healthy Consolidation

Many stocks, like Steven Madden Limited ( SHOO) or AthenaHealth ( ATHN), shown above, got hit with a reversal after breaking out on good earnings reports.

FORBES: Don't Try To Play Elway In Your Portfolio