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Is SKYW consolidating before a move? NR7 shows up after declining 1.41%
On Friday, August 7th, SKYW moved down 1.41% while volume shrunk to 0.6× the usual levels. consolidation patterns formed: NR7, suggesting a potential continuation after price stabilization. Key support levels exist at 110.94, 110.03 & 108.41, with resistance at 113.47, 115.09 & 116.0. Additionally, Slow Stochastic points to overbought territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of SKYW: A
This might just be the start. See what else showed up for SKYW today.
Read full article here »