SWKS broke a Fib Fan support line todayAAPL suppliers are not looking good at all. Tariff concerns killing the sector.Shortby GUMBY9662C2
SWKS going back to test highsUp on earnings, down on earnings... analysts still upgraded this stock. Don't see it breaking now out but we could test $110-$115. Chance of double bottoming at $86 is still on the table in the future.Longby Yogigolf2
Short SWKS I hope everyone has had a great Monday. Skyworks Solutions -1.91% is a semi-conductor company that is traded on the NASDAQ. While I wouldn't normally bet against the semi-conductor industry, this, I believe is a quick short for easy gain. Trade war tensions have been high and will likely remain high until a deal is struck with China over what President Trump has dubbed a "massive trade deficit." While many economist and pundits scratch their head at this proposition (trade deficits are not necessarily bad, as it allows Americans to purchase more goods at what will be a lower price), it is not important who is right or wrong in a trade war/skirmish, but instead to focus on what will happen in the short term because of the actions of these countries. That brings me to Skyworks, a company that in regular times I would not never short with a ten-inch pole. Now, however, is the perfect time to bring on the short army. The main and nearly only reason for this call is a simple fact: SWKS -1.91% currently getting 80% of its revenue from China. If a trade war were to break out, having this much exposure (whether China pushes heavy tariffs or not) will send this stock tumbling. For this short position I believe in 2/3 main targets. 1. $93 2. $86 No hold below the $86 threshold would be advisable. Again, this is a high-risk, high-reward trade. Disclosure: I/we have no positions in any stocks mentioned, and have no plans to initiate any positions in SWKS -1.91% within the next 72 hours.Shortby jgree107Updated 1
SWKS head and shoulders bottomSWKS head and shoulders bottom looks poised for a breakout with a target in the area of $116.00by westcoasttrader1
SWKS - Possible Bearish Swing TradeI am considering taking this Bearish swing trade on SWKS. One thing I worry about is if I am triggered into the trade SWKS just recently bounced nicely off of the 20 EMA. If I get triggered in Monday or Tuesday, most likely the 20 EMA will be just below my entry. I sort of would rather have SWKS move sideways a few days allowing the 20 EMA to move above my trigger price. Obviously, I have no idea if the trade will work out in my favor or for that matter if I will even be triggered into it but I really like how the price action looks when I view the hourly chart. To me, it looks pretty weak. Shortby Bigsky_Crypto0
Earning playSWKS has been strongly correlated to AAPL; the former's earnings play is an overcrowded play but I give it a try via SWKS, which is undervalued (compared to the overall market). Nonetheless I'm keeping a tight SL.Longby aphexmeanUpdated 2
SWKS - Double bottom divergence on major supportSkyworks Solutions (SWKS) has double bottom stochastic divergence on a major support trend line. A quick backtest shows a nice reaction to divergences. Buy: 96.86 Target: 99.22 - 103.04 (2.44% - 6.38%)Longby takemoreprofits3
SWKS - Cup with handle brakoutSWKS just broke out from a very large cup with handle, could reach cups bottom projected as target 50%Longby ascorbin3
SWKS Forming Textbook Cup & Handle Pattern, Poised to BreakoutSkyworks Solutions (SWKS), one of the major chip makers for Apple (AAPL) products, is currently forming the end of a cup and handle pattern. The line in the sand is $112 - if we break former resistance and are above that level, we go long with a target of $146. If we are below $112, it's a "wait and see" approach. The risk for this trade is clearly defined, and the upside potential is huge. Longby marketinsider2
#SWKS - long5 Things You Didn't Know About Skyworks Solutions, Inc. Let’s examine five lesser-known facts about the Apple supplier. Leo Sun (TMFSunLion) Jul 18, 2017 at 7:03AM Skyworks Solutions (NASDAQ:SWKS) supplies power amplifiers, front-end modules, and RF chips to a wide range of industries, but it's best-known as an Apple (NASDAQ:AAPL) supplier. That's because orders from the iPhone maker accounted for 40% of its revenues last year. Skyworks is also the chipmaker that nearly bought PMC-Sierra for $2 billion in late 2015, but was eventually outbid by Microsemi (NASDAQ:MSCC). It's frequently mentioned as a long-term play on the Internet of Things (IoT) market, since its chips provide connectivity to all sorts of devices. A graphical representation of the Internet of Things. SOURCE: GETTY. But instead of focusing on those well-known facts about Skyworks, let's check out five lesser-known facts that might change your overall perception of the chipmaker. 1. It was formed via a merger 15 years ago, chipmaker Alpha Industries merged with Conexant Systems. Both companies produced RF chips, power amplifiers, and other communication chips for a wide range of industries. The new company was named Skyworks, which promoted itself as a "pure play" wireless integrated circuit company. Alpha CEO David Aldrich became Skyworks' CEO and led the company until last year, when he was succeeded by Liam Griffin, a former executive at Dover and AT&T. Griffin also serves on the board of Vicor, which designs and manufactures modular power components and complete power systems. 2. It recently joined the Semiconductor Industry Association Earlier this year, Skyworks joined the Semiconductor Industry Association (SIA), which represents the U.S. semiconductor industry in talks with the government and other industry stakeholders. Skyworks is now one of the 18 charter members of the group -- which also includes industry heavyweights like Intel, Qualcomm, and Texas Instruments. SIA President and CEO John Neuffer noted that the addition of Skyworks demonstrates the "growing momentum for collaboration among key semiconductor leaders to shape public policies that impact our industry." Neuffer noted that the goals of the association include "making the U.S tax system globally competitive, investing in university-based basic research, expanding access to global markets, and strengthening America's tech workforce." 3. It has a Sustainability Council Skyworks has its own "Sustainability Council", a team that ensures that the company improves its labor, environment, health, safety, ethics, and management standards. Last year, the council reported that Skyworks saved 32 million kWh in electricity and 38 million gallons of water with new energy-efficient standards. It also averted 10,000 tons of CO2 equivalent emissions, 404,000 pounds of hazardous waste, and 494,000 pounds of municipal waste to landfills with its policies. 100% of its supply chain was verified as "conflict-free" -- indicating that its materials weren't purchased from war-torn regions. Over 98% of employees' workweeks remained below the 60-hour limit set by the company, and more than 99% of its employees were trained on Skyworks' business conduct and ethics requirements. 4. It might buy Microsemi Over the past few months, several reports claimed that Skyworks could buy Microsemi, which topped Skyworks' own bid for PMC-Sierra. Last November, RBC Capital analyst Mitch Steves suggested that Skyworks could buy Microsemi for $70 per share -- a near-40% premium to its current price. However, Steves notes that Skyworks may need to outbid other potential buyers, including Texas Instruments and Maxim Integrated Products. But if it successfully acquires Microsemi, Skyworks would gain clout against Apple (since Microsemi is another Apple supplier), while scaling up its chipmaking operations. 5. It starred in a music video A semiconductor plant is probably a weird setting for a music video, but that didLongby DGtraderUpdated 112
SWKS - Double top formation short from $93.87 to $72.23 & lowerSWKS seems falling down from its all time high resistance in longer term, and in the short term it seems forming a flag formation. It also has huge insider selling recently. Overall it looks very interesting short opportunity. * Trade Criteria * Date First Found- June 29, 2017 Pattern/Why- Double top formation; Flag formation Entry Target Criteria- Break of $93.87 Exit Target Criteria- 1st Target $72.23, 2nd Target $62.23 Stop Loss Criteria- $105.93 Special Note- We would consider November $92.50 & $75 puts, last traded for $6.70 & $1.75 consecutively Please check back for Trade updates. (Note: Trade update is little delayed here.)Shortby AcornWealthCorp5