SkyWest Inc is a regional airline holding company that operates through its subsidiaries, SkyWest Airlines and ExpressJet Airlines. They provide scheduled passenger and air freight services to various destinations across North America.
In terms of technical analysis, the stock of SkyWest Inc is currently breaking out. If the stock price moves above the key resistance level of 66, it suggests a bullish breakout and indicates a potential upward trend.
Traders and investors may have a higher bias toward the stock reaching the 100 level. It is important to closely monitor the stock's price action and volume for confirmation of the breakout and to assess the strength of the upward momentum before making any investment decisions.
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