SkyWest Inc

SKYW remains in a Stage 2 advancing regime within a long-term uptrend, but recent exhaustion at resistance and sideways short-term action argue for patience. Medium-term bias stays bullish given intact higher-highs/higher-lows and rising 50 SMA, yet weakening momentum calls for deferred entry. We will stalk for a pullback into the 20–50 EMA confluence zone as a structurally favorable execution area. Key risks include a breakdown below the EMAs and transition into Stage 3 consolidation.

• ↑Q1 revenue $1.01B (+7% YoY); net income $102M (EPS $2.50)
• ↑FY26 GAAP EPS guide ~$11, reflecting robust demand outlook
• ↓Fuel costs remain elevated, limiting margin expansion potential