If this opens above $30 at the open I will buy right at the open. This should get to somewhere near $34. If it wont get there today I will swing trade it till it reaches. This gap up is trapping so many people that need to cover. It needs to open above $30 to buy at the open if it doesn't open above $30 then I would wait for the first 5 min candle to form and buy...
SKX is getting in buying zone. Two Fibonacci projected targets as shown. GL.
SKX have been trading for the few days between 24,85 and 25,6 respecting a channel from 2016/10/21. Today we see a possible breakout. If daily candle ends really bullish with a good volume, we could wait for a pullback to support 25,6 to enter long. KL: 25,6 SL: 24,85 TP1: 27,6 TP2: 28,5
SKX VERY NICE LONG SETUP. PLEASE READ COMMENTS ON CHART.
Break in market structure to the upside, first bullish order block was respected, now price has come to another one. Target is 30.60.
Hello all This stock is out of earnings. Trendline is broken and decent pullback to kijun. Chikou is above price. Weekly is above kijun. I have decent risk reward here and will take a long at market open. Giving it little wide stop. Lets see how it plays out.