SWKS looks great on weekly charts in a strong move. we are testing the upward momentum line that I have drawn and I think this week should give us a good buying opportunity
Buy zone / Targets are mentioned on the chart
Close below 107.95 on daily candle may require us to reevaluate are trade
Indicative time for the play : 3 to 8 weeks
Trade active
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First entry done, second entry if opportunity presents 112 levels. Buy orders placed.
Comment
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Price playing off very well on expected lines, strong upward move. chart still looks good
Comment
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Target 1 achieved intra day, as visible on the charts :)
Trade active
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target 1 achieved, support in the zone as expected, half trade closed on target 1