Skyworks Solutions, Inc. : Running out of steam as opportunity
Entry price | Target | Stop-loss | Potential |
---|
$94.51 |
$1 |
$92 |
-98.94% |
---|
The upward trend could come to support Skyworks Solutions in the coming sessions.
The firm enjoys an excellent Surperformance rating which underlines its profitability, good finances and the optimism of analysts. There is a very strong buyer consensus whose average target is set 19% above the current prices. EBITDA and net income should have two digits growth rates in 2015.
The share keeps a very bullish trend in the long and in the mid-term. Over the last weeks the stock has been going through a consolidation phase. Lately a rebound started upon contact with a relevant support. Moving averages are well oriented and the 20-week one should keep the security in its bullish run.
Consequently, active investors can buy the share in the current price area and target a return toward USD 104.9 resistance and the USD 110.9 one by extension. A stop loss can be placed under the USD 92.25 support.
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