$SKHY is currently trading at $198.98, and pushing toward the $199.06 high.
This structure is important.
Price is attempting to break through the $199 resistance zone after a strong run from $183.94. The stock is leading at +7.58%, which suggests conviction behind the move.
If buyers hold above $199.06 and push through with volume, the next resistance sits at $201.25 and potentially higher.
But if sellers step in and reject price here, we could see a pullback toward $191.62.
This structure is important.
Price is attempting to break through the $199 resistance zone after a strong run from $183.94. The stock is leading at +7.58%, which suggests conviction behind the move.
If buyers hold above $199.06 and push through with volume, the next resistance sits at $201.25 and potentially higher.
But if sellers step in and reject price here, we could see a pullback toward $191.62.
