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.
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.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.