SKYT Potential Reversal Coming to the Upside Good morning everyone,
Looking at SKYT earnings report, results look worse than what they actually are. If you have not listened to their conference call I highly suggest you do so and educate yourself. Overall, I think this is a company that will do very well in the near future especially when you see a company like them being backed by the Department of Defense.
We currently have a small breakout to the downside on the weekly timeframe, meaning another small move down could be incoming and pivot shortly after. I'm predicting a reversal very soon and could potentially be the last time you see SKYT at these low levels.
Well that's it for SKYT, don't forget to like and follow! If you would a specific company for me to analyze don't forget to leave the ticker on the comments below.
Be Blessed and Happy Trading!
