$SWKS- Identifying Leading Stocks in Leading Industrys
In one of my last leading stock updates I suggested KORS. I am still in KORS. Another stock I have traded is SWKS. I tried several weeks ago on a breakout however it returned back into the entry territory and I exited. I took the trade once again and so far it is moving up. Skyworks is in the Semiconductor space and it’s niche is Mobile connectivity. I am not an engineer however everyone is walking around the planet with smart phones. I would look to lock in 20% gains on this and then evaluate. With Kors I was more hoping to be able to hold. However this is an old bull market and optimism is ranging at prior peaks. The Vix is at historic lows while the SPY is at highs. I prefer to buy coming out of bear markets. I have been traveling, so I apologize if this is brief.
First I look at the stock market- which is on a buy
This is the current buy. When it took out the prior breakout I entered. You can see the first trade which seemed not to work and I took a small loss
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