Hubert Senters here.
Let’s take a look at Skunkworks Solution. Not Skunkworks. I always say Skunkworks because that’s what the symbol looks like to me. SWKS, Skunkworks. It’s actually Skyworks Solutions. I’m sorry the daily chart obviously down $7.27 down 10 percent. Looks very bad. The entire market is down so the market proxies play.
Let’s see if we can find out where there’s some good old fashioned support on this bad boy. Oh, yeah here we go. So we’ve got some support around $60.44 for all the way down to $54.77. If it breaks that support area then it can potentially go as low as $45.33. Add SWKS to your short watch list that you can potentially play to the downside.
I’m going to be speaking at the Wealth365 Summit on Thursday, January 24th at 12PM EST. They have a whole series of a bunch of different presenters from January 21st to January 26th that’s 2019. Man last year went fast. I’m going to HYPERLINK you over here.
Put it in your first name, an e-mail and an optional telephone number if you want to. Claim your free seat now that will register you for the webinar.
Good luck. Hope it helps. And I’ll see you on the next video.