SWKS had some interference from rising wedges it traveled in while it recovered from the flu...
Rising narrowing wedges can be bearish if bottom trendline is broken and are caused by a lack of healthy pull backs with too much buying..
The ABC/D pattern is a corrective pattern and is a measured move down..targets are calculated using the AB leg and fib...
Wednesday, 9 December 2020
22:18 PM (WIB)
Skyworks Solutions Inc. Is the global leader manufacture that produces semiconductor and others relates electronics for 5G LTE and its components. The clients are coming from top brands such as Apple, Samsung, Xiaomi, Realme, Oppo, etc. At this time surprisingly the price is not at the best performance yet, while the...
Semiconductors have remained one of the strongest corners of the market. Now Skyworks Solutions could be ready to join the rally.
The iPhone supplier has struggled with insider selling despite beating estimates on November 2. But its chart is looking more bullish lately.
The first signal was MACD turning positive back on November 30. That was the same day Morgan...
The Model has picked a new potential wave formation which would be completed at all-time highs. As long as the market holds up this might be a great opportunity.
Ingenuity Trading Model is an algorithm used in- Stock, Forex, Futures, and Crypto markets. The model is a Geometric Markov Model :
In probability theory, a Markov model is a stochastic model used to...
Skyworks Solutions, Inc. is engaged in the design, development and manufacture of proprietary semiconductor products.
Fundamental rating - 4+,
strong financial company, stable profit, revenue growth, good margins, very little debt, and assets are many times greater than liabilities.
Technically - currently in the downtrend on the h1, but good daily support zone...
Friday, 27 November 2020
00:39 AM (WIB)
Skyworks Solutions Inc.
NASDAQ
OUR VISION
We are empowering the wireless networking revolution, connecting people, places, and things around the world. As the demand for ubiquitous, “always-on” connectivity increasingly expands, our innovative, high-performance analog semiconductors are enabling breakthrough...
$SWKS posted earnings with the PEAD projecting neutral outlook with the price currently trading above the upper boundary of the PEAD cone.
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SWKS fell from a bearish rising wedge
Seems to be recovering but remains to be seen. SWKS has also pierced bottom trendline of a larger RW recently.
Rising wedges are usually bearish and a strong stock may not fall far at all. 35% is the norm fall from a bearish RW, some fall less, some fall the entire width
RWs can be a long term pattern and only valid if...
