Skechers (SKX) is a renowned footwear company that designs, develops, and markets a wide range of lifestyle and performance footwear for men, women, and children. They offer a diverse collection of shoes, including athletic, casual, and fashion styles, catering to various consumer preferences.
The stock of Skechers (SKX) has recently completed a long-term breakout, indicating a significant upward movement in price. This breakout suggests that the stock has surpassed a key resistance level, potentially signaling a shift in the overall trend. With the completion of this breakout, the bias for Skechers is higher, implying that there may be further upside potential for the stock.
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