hdon94
Short

SWKS - Possible Bearish Swing Trade

NASDAQ:SWKS   SKYWORKS SOLUTIONS INC
I am considering taking this Bearish swing trade on SWKS . One thing I worry about is if I am triggered into the trade SWKS just recently bounced nicely off of the 20 EMA . If I get triggered in Monday or Tuesday, most likely the 20 EMA will be just below my entry. I sort of would rather have SWKS move sideways a few days allowing the 20 EMA to move above my trigger price. Obviously, I have no idea if the trade will work out in my favor or for that matter if I will even be triggered into it but I really like how the price action looks when I view the hourly chart. To me, it looks pretty weak.
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