Long Position on SWKS @ $55.84 on 9/12/2014 (Momentum)

Skyworks Solutions (SWKS) provides analog semiconductors worldwide.

Its product portfolio includes amplifiers, attenuators, battery chargers, circulators, DC/DC converters, demodulators, detectors, diodes, directional couplers, front-end modules, hybrids, infrastructure radio frequency subsystems, isolators, LED drivers, mixers, modulators, optocouplers, optoisolators, phase shifters, phase locked loops/synthesizers/VCOs, power dividers/combiners, power management devices, receivers, switches, voltage regulators, and technical ceramics.

The company also offers MIS silicon chip capacitors and transceivers.

It provides products for supporting automotive, broadband, cellular infrastructure, energy management, GPS, industrial, medical, military, wireless networking, smartphone, and tablet applications.

The company sells its products directly, as well as through independent manufacturers’ representatives and distribution partners. Shares have formed a bullish "flag" and higher share prices are expected for this stock.

52-Week Trading Range: $23.27 - $57.18

Entry Point: $55.84

Stop Loss: $53.05

Target Price: $61.42 

Updates

10/7/2014 10:00:58 AM

SWKS fell below our stop loss. Closed at $53.00

Position closed on 10/7/2014 at price of $53.00 with a -5.09% loss in 25 days.

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