SKT has seen support at this horizontal line previously it will likely see it again as the right shoulder of this inverted Head and Shoulders pattern forms Bullish on this weekly timeframe while the right shoulder forms Simple horizontal support analysis
NYSE:SKT Possible Scenario: LONG Evidence: Price Action, Break out possibility This is based my new approach for finding break-outs candidates, I'm testing this strategy, so be cautious, this is different to my ordinary approach. GL This is my idea and could be wrong 100%
This chart looks incredibly beautiful and is poised to recover in the coming months. Bullish divergences on all indicators following by the bullish pennant forming on all time frames. It is a matter of time before Tanger Outlets takes off. Spring is upon us and summer is around the corner. Covid is yes still a concern but retail has been hit so hard things will...
Looking at the past months bullish trend SKT is open for a healthy swing . Entry arround $7 point exit anywhere $9+ , Holding for a maximum of 10 days . My stop or bailout indicator would be a retest of the bottom trendline .
SKT has two Rising Triangle patterns , the first one confirmed at $8 . Buy SKT : $8.20 Target SKT : $12 Stop loss : $7.50 Wish you good deals!
Chart has a few notes
Ascending broadening wedge very strong pattern looking for best place to short >> short if the price test the brackout