Skyworks Solutions, Inc.

SWKS Weekly Bull Flag Watch

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SWKS forming a weekly bull flag.

Bulls must break 102.87 with increasing bull volume this coming week to give confidence that we are going up.

Daily time frame is a clear equilibrium pattern. I expect low trading volume until a break.

If we do not break bullish, expect daily consolidation and a weekly higher low to form.

I would also watch for correlation with QQQ and SPY. We all know the market has been very bullish for the past weeks. If we get any pullbacks in the market, I expect the bears to take over for SWKS.

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