Thursday, January 27, 2011

SKX - Daily Candlesticks

I like this company's fundamentals and the chart is now creating a bowl-pattern with the 20 day MA - I often find this pattern forms before a big move.  Either that or the bowl breaks down and it's a good time to exit.  I'll try to post more charts here.  If all goes well, SKX target is low 30s.
SKX - Daily Candlesticks: "


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