Stock Of The Day: Will Skyworks Refill The Gap And Head Higher?

Group 1 - Skyworks Solutions, Inc. experienced a significant stock price increase of 8.5% on Friday, leading to a quiet trading day on Monday, with potential for continued rally [1] - The stock is moving into a 'gap', which is considered a bullish indicator, making Skyworks the Stock of the Day [1][6] - Resistance levels are formed when there is a large amount of sell interest at a specific price point, which can halt or pause an uptrend [2][4] Group 2 - Buyer’s remorse contributes to the formation of resistance, as investors who regret their purchases may place sell orders when the stock price returns to their buying level [3][4] - The $95.00 price level for Skyworks has transitioned from support to resistance due to a concentration of sell orders from investors who bought at lower levels and sold when the price rebounded [4][5] - The stock gapped down in early February, indicating a significant drop in price without trading in between, which may lead to a lack of sell interest as it approaches these levels again [5][6]