The PEAD projected a bullish outlook for $SWKS after a positive under reaction following its earnings release placing the stock in drift A with an expected accuracy of 66.67%.
UPTREND
After breakout of a descending trend line and passing of a major price level, It has started a new uptrend properly by a good bullish candle. Don't forget SL as usual.
Price is under a major resistance trendline and will need to break it to reach further targets.
Possible stop under C.
Earnings 2-2/estimated.
EPS (FWD)
9.86
PE (FWD)
9.68
Div Rate (FWD)
$2.48
Yield (FWD)
2.60%
Short Interest
2.18%
Market Cap
$15.29B
No recommendation
The PEAD projected a Bullish outlook for $SWKS after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 62.5%.
NASDAQ:SWKS
Skyworks has released its earnings related to Q4 and full fiscal year 2022 (FY 2022) at the end of last week, beating slightly revenue and earnings estimates. Note that its top and bottom-line beats were quite small, in line with the past seven quarters. Not surprisingly, its share price reaction was muted, as key financial figures were practically...
Double Bottom. Earnings this afternoon.
Possible small Rising Wedge that is not valid until the bottom trendline is broken.
Possible W pattern.
Multiple pocket pivots noted since the bottom on this leg up.
Great company but can be risky to buy at earnings so I will wait on this one.
No recommendation
The PEAD projected a Bearish outlook for $SWKS after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 50%.
Hi,
Criteria:
1. The trendline
2. Strong multi-yearly resistance becomes support
3. Fibonaccy retracement 62%
4. Round number $100
5. 50% drop from ATH
6. Some EMA's from different TFs are in the zone
Do your own research and if it matches with my TA then you are ready to go.
Regards,
Vaido
No doubt the semiconductor sector has taken a hammering recently. Chip company Skyworks is rapidly approaching a long term support level and is this is very close to the fib golden pocket zone. Maybe a great time to buy the dip?
Short (Entry Price) below the black line and exit (Stop Loss) above the red line. Can take profit at the suggested Target Price.
Entry Price: $124.20
Target Price: $122.20
Stop Loss: $127.69
Limit buy - 165,0$
Target - 189,60$
Risk/Reward Ratio - 3,51
Stop-loss - 158,0
Since the company was very well bought off from the support line, we expect a rise to $189.60
We enter a position at 165.0$
1.5 years long Head & Shoulders pattern for Skyworks. It already made an initial breakdown from the neckline. Ideally we want to see a decline into the support area (2 RED LINES) followed by a retracement to the resistance at the neckline all within a 2-3 week timeframe before making a short entry position on the 178-185 range. Target is 116-128 area. Good Luck!
See the following;
2D chart for longer view.
1. doji before
2. BUY signal
3. confirmation as it climbed through EMA
4. play options towards ER or load up on stocks.
Steps used for deriving these picks:
Put following filters into tradingview screener with timeframe set to Monthly
Market Cap : Above 1B
Average Volume 90 days : 1M+
Return On Equity (TTM) : Above or Equal to 20
Return On Assets (TTM) : Above or Equal to 10
Return On Invested Capital (TTM) : Above or Equal to 5
Debt to Equity : Between...
