LoveForCharts

Buy - SWKS - weekly charts

Long
LoveForCharts Updated   
NASDAQ:SWKS   Skyworks Solutions, Inc.
SWKS looks great on weekly charts in a strong move. we are testing the upward momentum line that I have drawn and I think this week should give us a good buying opportunity

Buy zone / Targets are mentioned on the chart

Close below 107.95 on daily candle may require us to reevaluate are trade

Indicative time for the play : 3 to 8 weeks

Trade active:
First entry done, second entry if opportunity presents 112 levels. Buy orders placed.
Comment:
Price playing off very well on expected lines, strong upward move. chart still looks good
Comment:
Target 1 achieved intra day, as visible on the charts :)
Trade active:
target 1 achieved, support in the zone as expected, half trade closed on target 1
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.