Last March, I wrote this post discussing how some of the technology stocks that got slaughtered in the dot-com crash were just now coming back to life. After nearly a decade of laying dormant, Skyworks was coming out of its base in an impressive manner, even if it still well below its bubble highs.
On the updated monthly chart below, you can see how well SWKS has weathered the recent correction. As they say, the bigger the base the higher in space. I am looking to enter this one if the market continues to improve.
And just in case I forget, the 12631 crew is all over it, with member @a99kitten calling it out in our state of the art chat room this morning as being a viable setup on strength.
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That panda makes me dizzy.
very funny clip