SKY - (SKY) Technical Data

2024-06-14 16:46:00 ET

Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This report optimizes trading in Skyline Champion Corporation (NYSE: SKY) with integrated risk controls.

Warning:

The trading plans were valid at the time this was published, but the support and resistance levels for SKY change as time passes, and this should be updated in real time.  Access those real time updates for this and 1000 other stocks here. Unlimited Real Time Reports

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Instructions:

Use the basic rules of Technical Analysis.  Here are some examples: if SKY is testing support the signal is to buy and target resistance.  On the other hand, if resistance is tested, that is a sign to short, and target support.  No matter which side the trade is, long or short, the trigger point is both a place to enter and as a risk control.

Swing Trades, Day Trades, and Longer term Trading Plans:

This data can be used to define Day Trading, Swing Trading, and Long Term Investing plans for SKY too.  All of these are offered here: Access our Real Time Trading Plans

Longer Term Trading Plans for SKY

• Buy SKY slightly over 69.26 target 78.59 stop loss @ 69.06
• Short SKY slightly under 78.59, target 69.26, stop loss @ 78.82

Swing Trading Plans for SKY

• Buy SKY slightly over 78.59, target 87.98, Stop Loss @ 78.36
• Short SKY slightly near 78.59, target 71.13, Stop Loss @ 78.82.

Day Trading Plans for SKY

• Buy SKY slightly over 73.77, target 78.59, Stop Loss @ 73.6
• Short SKY slightly near 73.77, target 71.13, Stop Loss @ 73.94.

SKY Technical Summary | Raw Data for the Trading Plans