TradingView
MarthaStokesCMT-TechniTrader
Dec 31, 2019 12:48 AM

SWKS Bending Trend 

Skyworks Solutions, Inc.NASDAQ

Description

A commonly missed trendline pattern is the bending that occurs in a momentum trend as buyers begin to disappear. Profit-taking by professionals can create a sudden surge of selling, which can easily drive price into a retracement or correction. Speculative price action is riskier to enter at this level as the runs are shrinking. SWKS may have more speculation but this is an expert level for a trade, and is not suitable for a new or novice trader due to the risk factors.

More