Strong breakout on heavy volume
SWKS is working its way above advanced pivots at 100.43, 97.41 and 96.99 within a 2nd stage flat base. It is presently making a run at the classic pivot of 102.77. Support may come in off the 50dma, the recent low of 95.91 (both the 10 and 21emas are currently at this level) or 92.33 as a stronger zone of support.
The RS line is breaking out to new highs as ahead of price. This indicates that SWKS is currently a leading stock.
Learn more at chartyourtrade.com
The RS line is breaking out to new highs as ahead of price. This indicates that SWKS is currently a leading stock.
Learn more at chartyourtrade.com
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.