DzenTrader

SWKS - strong company near good support

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.

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.

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