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DRP37
Apr 28, 2012 8:37 PM

SWKS bullish on earnings rpt. 

Skyworks Solutions, Inc.NASDAQ

Description

March through April saw a bit of a correction for the up-trend from Dec-11 to early Mar-12. Additionally, earnings reports were on the horizon for AAPL (one of SWKS larger customers) and SWKS, in that order. Contrary to many predictions, both AAPL and SWKS beat expectations and forecast the next quarter to be more of the same. SWKS saw a $4 jump in the course of three days, so I suspect a modest pull back on Monday, but I'm looking for the MACD positive cross signaling a continued up-trend.
Comments
charttrader
cool chart
charttrader
Agreed.
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