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SKLN Being above 1.58 would get to Fib. 61% easily.
SKLN had a huge move today as it breaks out a downward channel by huge volume. We think it has good upside potential. It seems forming a flag formation in hourly frame. A break of $5.27 will be a flag break confirmation & we would consider a Long trade entry there.
You can check our detailed analysis on SKLN in the trading room/ Executive summary link ...
a really good penny stock to invest in.
SKLN has broken a structure with a huge spike, now it is in a corrective phase but if the level posted on chart holds i'm expecting a new wave up. Potential gain above 65%.
Looks like the downtrend is over.
What do you think?
still like this, updated supports/resistances
we have good chance to get %50
3rd time try to cross over resistance , and i think it will do soon .
stop loss 0.13
price now = 0.17
ready to breakout
Than this will see green at 12:30
No moves through weekend unless it breaks past resistance at .15 and gains momentum. Neutral pass through of Ichimoku cloud suggests no bullish movement possible until at least Monday. Short possibly, but not for much