Shares of Dicks Sporting Goods Inc (NYSE:DKS) crashed 23% on Tuesday after the company reported horrible earnings. In addition, the CEO warned they would have to discount merchandise sharply to max other retailers in an attempt to keep market-share. Dicks Sporting Goods is now down from nearly $63 at the stock of the year to below $27.00. With Tuesday's massive collapse, investors are now wondering if the stock can bounce. The answer is likely yes, based on major support hit at $26.90. There is a major pivot low going back to 2011 at this level and should yield a quick snap-back bounce. This makes for a good swing trade with odds favoring a bounce over the next two weeks to $30.00. Once that is hit, exiting the trade is probably wise.