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$SKHY DUMPED 10% – OVERSOLD BOUNCE INCOMING?!"
SKHY is down 10.5% today at $170.02. The 4-hour chart shows a hammer pattern forming at support – a classic reversal signal. RSI is at 26, deeply oversold. This is the lowest RSI reading for SKHY in three months.
Support sits at $168. If that holds, I'd expect a bounce toward $180 and $190. A break below $168 would open the door to $160.
The selling volume is starting to fade – a sign that the dump might be exhausting.
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