SKX trade ideas
Day trade setupIf 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 at the high of that candle.
Going Long with SKECHERSSKX is getting in buying zone. Two Fibonacci projected targets as shown. GL.
SKX BreakoutSKX 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
Sketchers LongBreak in market structure to the upside, first bullish order block was respected, now price has come to another one. Target is 30.60.
Stalking SKX for long entry...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.
SKX LONGI think this is going to follow the same pattern as JACK and KORS. Sketchers is not going anywhere anytime soon. It wont take major positive news to really get this thing moving. What do you guys think? I dont plan on investing money but look forward to seeing how this plays out in the next few months to beginning next year.
SKX long time analyse. GAP Maybe an bullish trend near... if the price has a pullback and break 30.00
This is a forecast, WAIT for confirmation.
SKX longlistened to conf call this morning,, great company, very positive
i think sell off overdone
look for bounce
downside more prevalent then upsideThe gap on the daily looks fillable and stock actually does look bullish on daily imo but on weekly just looks like a large bear flag so my best guess is to the downside.
