There is a support line around 85-slightly under the 200 dma. Another one around 75. The MACD has done a Wig Wam Wiggle. Fundamentally its on its way to £7 EPS. It could go up or it could go down. I can't advise but my own view if it drops to the 50 dma, I think that is good support to buy.
Todd. 6 years ago the EPS was $1. The Company own words is $7 EPS in fiscal 2016. Ok. So, those Analysts are basing their targets on SWKS performance and earnings estimates.And Huge Growth.
Thanks for your 3 good posts. We are in a great growth Company. No Debt and increased Div. I'm after getting 15 Companies that's expected to outperform over next Year. SWKS was No1.Over the past 2 years it has outperformed the Market -up over 312% and huge growth ahead in the IOT.We are in for a good run now.
Good Post. Dont listen to that expert any more-cramer. Good Luck to all who kept holding during recent volatility. We can look 2 years ahead with confidence with this No Debt company.
Now on a 11 day high which is Bullish. Its getting ready to jump over the 50 and 0 day MA's. It formed a Bullish Rectangle over the last 5 Days and the new uptrend is well established. So for this fundamentally textbook perfect company,it has only one way to go.
Now in an uptrend. Its a good sign to see it keeping above 100 for 4 days.If we get a close above the 20 dma now at 103.99, there will be no holding back.
There is a lower support line around $85. Watching it myself. Its a $3.3Bl company with no Debt. There is competition from AAPL. Take a look at news on yahoo finance. Let it find Support.