SKT has seen support at this horizontal line previously it will likely see it again as the right shoulder of this inverted Head and Shoulders pattern forms Bullish on this weekly timeframe while the right shoulder forms Simple horizontal support analysis
NYSE:SKT Possible Scenario: LONG Evidence: Price Action, Break out possibility This is based my new approach for finding break-outs candidates, I'm testing this strategy, so be cautious, this is different to my ordinary approach. GL This is my idea and could be wrong 100%
From the analysis of the waves it is understood that in the inferior timeframes is in existence a massive sale of the actions of this Stock, it is probable that the Stock describes the indicated curve in order then to go up and to break the resistance that it is braking I am not a financial advisor and this is not an invitation to do betraying, but only a personal opinion
Not financial advice. I remain neutral not long or short. 15.25 does seem like a good area to hold. Good support there. It retested 15.25 as shown in my previous chart. So lets see if that can hold again. At a decision time right now. 2 possibilities. Showed both. Personally I think it'll retest 15.00 Then 14.00 before trying to pick up. Next few days let us know...
Not financial advice. I dont invest in stocks. Still over 30% in short interests for SKT. Which is way higher than short interests in GME,AMC, and all the others. Could this be the next stock that's targeted by the crowd. I'd say yes considering the short interests. I post for the people that may be unaware of the market dynamics and hopefully they run by my chart...
This chart looks incredibly beautiful and is poised to recover in the coming months. Bullish divergences on all indicators following by the bullish pennant forming on all time frames. It is a matter of time before Tanger Outlets takes off. Spring is upon us and summer is around the corner. Covid is yes still a concern but retail has been hit so hard things will...
Large call options volume on far OTM strikes with existing large OI is setting up SKT for a gamma squeeze and a short squeeze
Looking at the past months bullish trend SKT is open for a healthy swing . Entry arround $7 point exit anywhere $9+ , Holding for a maximum of 10 days . My stop or bailout indicator would be a retest of the bottom trendline .
I AM BULLISH TILL IT BREAKS PRZ LEVEL
SKT has two Rising Triangle patterns , the first one confirmed at $8 . Buy SKT : $8.20 Target SKT : $12 Stop loss : $7.50 Wish you good deals!
Short borrow cost increased 20% in 30 days to 23%. Great opportunity to play a squeeze, especially with Feb earnings!
SKT is attractive both Fundamentally and Technically. ROE: 25% Shares Float: 90M Short Float: 48% Trading within a Channel where price action and stochastics flow together. I'm very tempted to buy in at this price but I am going to wait for confirmation and remount of 50ema
An ABCD Pattern is emerging in a Parallel Channel. Is the D point the end?
3 Contracts purchased @$0.28 - Total Cost = $84
The best entry point to BUY = LONG-TERM Chart 1 Week