DzenTrader

SWKS - strong company near good support

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NASDAQ:SWKS   Skyworks Solutions, Inc.
Skyworks 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.

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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.

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