StockConsultant's  Instablog

StockConsultant
Send Message
The StockConsultant does it all, finds price targets, stops, breakout levels, support/resistance, and scans for opportunities just like your own professional trader. NOT investment advice.
My company:
StockConsultant.com
My blog:
  • SWKS Critical Breakout Area 0 comments
    Aug 19, 2013 1:26 PM | about stocks: SWKS

    $SWKS (Skyworks Solutions Inc) after a month of price consolidation watch for breakout above 25.01 (strong triple resistance). See long term 2 year chart (included below) to see significant resistance at 25.

    Breakout Details

    BREAKOUT WATCH for possible breakout above 25.01, no resistance in area just above.
    Type: True breakout from triple resistance.
    Target: 26.71, 7.9% Stop: 24.26, Loss: 2%, Profit/Loss ratio: 4 : 1 - Excellent

    Support and Resistance

    CURRENT PRICE 24.75, at resistance, 24.65 ± 0.35, type triple, strength 10
    RESISTANCE ABOVE None.

    SUPPORT BELOW -3.8% at 23.82 ± 0.33, type triple+, strength 10
    -7.7% at 22.84 ± 0.32, type triple, strength 8

    (click to enlarge)SWKS breakout stock chart provided by http://www.stockconsultant.com

    source: http://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=SWKS

    Stocks: SWKS
Back To StockConsultant's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers

StockTalks

More »
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.