SWKS has formed an Island Gap, after retesting the prior support level above the low of the bottoming formation. The recent gap creates the Island Gap formation. This kind of gap tends to not fill easily.
Buy Price: Yellow Line TP: Green Lines Moon: White Line Support: Blue Line SL: Red Line (I don't recommend to sell in loss.) Invest Suggestion: 5-10 Percent Profit Expectations: 5, 10 or >20 Percent Just hold and watch. Sell when you get some profit. Good Luck! Looks Good? Leave a like, share and tell me in comments if my trading advices are working...
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...