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.
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.