October 26, 2012 at 13:02 PM EDT
Bearish Options Bet On Skyworks Solutions Looks Smart
Since its earnings-induced bearish gap in mid-September, Skyworks Solutions (NASDAQ:SWKS) has embarked on a series of lower highs, touching a fresh eight-month low just last week. Now, the shares are staring up at their formerly supportive 80-week moving average, which has descended into the $24 region. Furthermore, this area acted as a foothold for ...
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