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Is SKYW ready to move lower? Fell Below 50 Day Moving Average shows up after dropping 1.6%
On Thursday, August 20th, SKYW moved down 1.6% while volume was to 0.7× the usual levels. reversal patterns (Doji - Bullish?) combined with consolidation patterns (NR7) suggest a potential shift in market dynamics. Key support levels exist at 99.68, 98.58 & 97.77, with resistance at 101.6, 102.41 & 103.51. Technical indicators like Slow Stochastic reveal oversold momentum right now.
Current SwingTradeBot Technical Rating of SKYW: D
Just a sneak peek — check SwingTradeBot.com for the full story on SKYW.
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