Thoughts on #SKL
$SKL is moving inside an ascending channel and is currently sitting near the mid-level, making this an interesting area to watch. The structure is still intact, and a clean reaction from the channel support could give $SKL the momentum for another move higher.
The plan is to keep $SKL on the radar for a long near the lower boundary, targeting a move back toward the upper side of the channel and eventually a breakout.
$SKL is moving inside an ascending channel and is currently sitting near the mid-level, making this an interesting area to watch. The structure is still intact, and a clean reaction from the channel support could give $SKL the momentum for another move higher.
The plan is to keep $SKL on the radar for a long near the lower boundary, targeting a move back toward the upper side of the channel and eventually a breakout.
