SWKS trade ideas
Skyworks Solutions Inc. Wednesday, 9 December 2020
22:18 PM (WIB)
Skyworks Solutions Inc. Is the global leader manufacture that produces semiconductor and others relates electronics for 5G LTE and its components. The clients are coming from top brands such as Apple, Samsung, Xiaomi, Realme, Oppo, etc. At this time surprisingly the price is not at the best performance yet, while the similar manufacture has reached the price momentum at $400. For consolidating into the highest price, it has to be forming the waves from resistance to support baseline. It is very clear support and resistance, that interesting to have this for many years to come.
Best regards,
RyodaBrainless
"Live to Ride and Ride to Live"
Skyworks Fights Back Above the 50-day SMASemiconductors have remained one of the strongest corners of the market. Now Skyworks Solutions could be ready to join the rally.
The iPhone supplier has struggled with insider selling despite beating estimates on November 2. But its chart is looking more bullish lately.
The first signal was MACD turning positive back on November 30. That was the same day Morgan Stanley and Loop Capital issued bullish notes on iPhone 12 demand. SWKS gets about half its business from Apple.
Next, SWKS is just now climbing above the 50-day simple moving average (SMA) after testing it for three sessions.
Finally, the chart resembles a cup and handle. September’s low is the cup and November is the handle. That’s a classic continuation pattern investors seek in a growth stock like SWKS. After nearly six months of going almost nowhere, it could be a sign of momentum coming back.
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Model Watchlist: Could it be heading to all-time highs?The Model has picked a new potential wave formation which would be completed at all-time highs. As long as the market holds up this might be a great opportunity.
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SWKS - strong company near good supportSkyworks Solutions, Inc. is engaged in the design, development and manufacture of proprietary semiconductor products.
Fundamental rating - 4+,
strong financial company, stable profit, revenue growth, good margins, very little debt, and assets are many times greater than liabilities.
Technically - currently in the downtrend on the h1, but good daily support zone below. I will watch the reaction at the 133.85-134.50 area. If they don't go further or if there is a bullish initiative, I will take it. If they breakdown his area , then I will consider 131.27 for long. Below 131 - cancel the scenario.
The targets are 139.65 (+4%) and 148.39 (+10%). Investment for 1-3 months.
When there is a signal to enter, I will additionally write.
Operations in financial markets can bring both large potential profits and are associated with potential risks associated, among other things, with the effect of leverage and high volatility of instruments used in trading in financial markets.
The provided forecast is a subjective analytical assessment of the situation in the financial market and in no way is it a recommendation for opening deals, investing and developing your own trading strategy.
SkyWorks Solutions IncFriday, 27 November 2020
00:39 AM (WIB)
Skyworks Solutions Inc.
NASDAQ
OUR VISION
We are empowering the wireless networking revolution, connecting people, places, and things around the world. As the demand for ubiquitous, “always-on” connectivity increasingly expands, our innovative, high-performance analog semiconductors are enabling breakthrough communication platforms from global industry leaders – changing the way we live, work, play and learn. Through our broad technology expertise and one of the most extensive product portfolios in the industry, we are Connecting Everyone and Everything, All the Time.
QUALITY
We are passionately committed to providing our customers with the highest quality products, keeping their satisfaction and success at the core of our efforts. Our quality management emphasizes sustainable, continuous improvement.
SUSTAINABILITY
We are dedicated to minimizing our environmental footprint and cultivating safe and productive workplaces. Our policies and programs drive improvements affecting the environment, health, and safety, ethics, and labor practices.
CORPORATE SOCIAL RESPONSIBILITY
Skyworks wants to Make Every Connection Count – whether through our manufacturing operations or within the communities where we operate around the globe. Our CSR program spans environmental sustainability, supply chain responsibility, inclusion and diversity, and social impacts to ensure we are doing our part to make positive changes in the world, one connection at a time.
We Create Technologies That Make 5G Work
5G will transform our world, creating an ecosystem where everyone is connected to everything, all the time ─ and changing how we live, work, play, and learn.
Skyworks is at the forefront of this sea change. Leveraging our technology leadership, broad systems expertise, and operational scale, we are creating the solutions that will launch the true potential of 5G. A world of new and unimagined applications. From our breakthrough, SKY5® unifying platform to our 5G small cell and multiple-input, multiple-output (MIMO) technology, Skyworks' comprehensive approach across both infrastructure and user equipment facilitates powerful, high-speed end-to-end 5G connectivity.
www.skyworksinc.com
Best regards,
RyodaBrainless
"Live to Ride and Ride to Live"
$SWKS posted earnings with the PEAD projecting neutral outlook$SWKS posted earnings with the PEAD projecting neutral outlook with the price currently trading above the upper boundary of the PEAD cone.
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ABC Bullish RW (S)SWKS fell from a bearish rising wedge
Seems to be recovering but remains to be seen. SWKS has also pierced bottom trendline of a larger RW recently.
Rising wedges are usually bearish and a strong stock may not fall far at all. 35% is the norm fall from a bearish RW, some fall less, some fall the entire width
RWs can be a long term pattern and only valid if rice pierces bottom trendline. They take at least 3 weeks to form and are usually bearish.
A RW represents too much buying without healthy pull backs. Hence you will see areas where price never touches bottom trendline. It represents an imbalance in supply and demand
Strong stock/Broke from a Cup and Handle at 129
Possible stop under 139 when long entry level is met
Long after price has recovered/Short interest is low so that is a good thing
NV and OBV are both high Possible T2 174.5 to 184/My Focus is on making sure RW is not interfering and Targets one for now
Not a recommendation
Trade with caution
SWKS Reaction to Trump Covid Yesterday I put out a strong technical analysis publication and now I'd like to add fundamental input. Trump Announced he tested positive for Covid-19, this sparked a strong drop in the 3 main US indices. I believe SWKS will drop 10% erasing it's entire weekly gain and continue the downward trend during these unprecedented times. My SWKS losing steam publication has been linked.
Please leave out political comments.
SWKS loosing steam Skyworks is nearing a new high and running out of steam. Heres what the indicators say.
Sell/Buy indicators: SWKS has been marked a buy since 9/25. 4 trading days while our longest buy signal in the past 4 months has lasted 20 days. This is our only indicator not yet supporting a sell but can we spot it first? Lets check out the other indicators.
Moving Average: SWKS is slowly moving closer and closer to its moving average and if history repeats itself, once it falls below the MA we should see a sharp sell off.
Volume: The volume indicator shows we are starting to loose bullish volume.
Relative Strength Indicator: Shows that SWKS is over bought, we should expect some heavy selling because of this.
Indicators are just collections of information that can help us analyze trends to make predictions about the future. SWKS price movement is not guaranteed. Even if it does receive a sell signal. Please trade at your own risk.
SWKS due to drop Skyworks is due to drop in the coming week as candlestick trends show signs of bearish activity. On the 6 month chart it can be seen that bears are starting to pull. It can be further magnified as you look at the 3 month and 1 month chart. This is a short term short. After a decline to $142 we should see the bulls pull back. This is based on pure candlestick analysis. At the end of the day I will start posting my daily candle stick trend segment for SWKS
Falling Wedge Rising Wedge C&HA Falling wedge can be a reversal pattern at the bottom, but can also fit into the continuation category. As a continuation pattern, the falling wedge will still slope down, but the slope will be against the prevailing uptrend. As a reversal pattern, the falling wedge slopes down and with the prevailing trend. Regardless of the type (reversal or continuation), falling wedges are regarded as bullish patterns.
Monthly candle is a doji/weekly indicates SWKS may fall a bit more. SWKS broke out from a Cup and Handle pattern a while back. Has been in a rising wedge pattern for a long, long time. Rising wedges can be long term patterns but are usually bearish. SWKS has broken bottom trend line of rising wedge, but could possible fall further. A strong stock averages 35% fall from this pattern.
As a continuation pattern in a downtrend, the rising wedge will still slope up, but the slope will be against the prevailing downtrend, similar to a bear flag. A rising wedge is over 3 weeks in formation or it is a pennant/flag. As a reversal pattern, the rising wedge will slope up and with the prevailing trend. Regardless of the type (reversal or continuation), rising wedges are bearish.
A stock may break up from a rising wedge pattern. The break out is often weak and short lived though
Nuetral until this one gives a clear sense of direction or breaks up from falling wedge in a clear uptrend.
