reversalradar

SWKS breaks out of downtrend resistance line on earnings

Long
NASDAQ:SWKS   Skyworks Solutions, Inc.
Breaking above the 82.50 buy point in the top of the middle of the W. Strong earnings growth and sales growth and Chinese demand fears proved false, this is going to the target price analysts set at 110 or 115. Expect resistance at 92.50, and then onto new highs.

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