Bullish breakout from the range after a fakeout. In the current channel I'd see limited upside towards 125 USD but in case we head closer to the lower trend lines I'd consider SYNA as a buy.
Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 86/61.80%
Chart time frame : B
A) 15 min(1W-3M)
B) 1 hr(3M-6M)
C) 4 hr(6M-1year)
D) 1 day(1-3years)
Stock progress : B
A) Keep rising over 61.80% resistance
B) 61.80% resistance
C) Hit the bottom
D) Hit the top
Stocks rise as they rise from support and fall from resistance....
SYNA has fallen from a bearish rising wedge but I am not sure the fall is complete
Gappy chart. Not a pretty chart for sure.
Long when chart chills out
Unfilled gap noted below price. Possibly too much support over that gap to ever get that low. Not all gaps are filled, just have found most are filled.
Short interest is high
NV is very high
I guess we shall...
Earnings 8-5
Short is high/Possibly because of the Gaps below
Has already fallen a measurable amount from prior Rising wedge before take off to where it is now
I hate gaps so somewhere under 73ish, I may consider getting in, but then I do not know if gap at 64ish, which looks like a fill, barely, would come back to haunt me
Triangles are calculated by the...
SYNA formed a strong bottom based on hidden Dark Pool Quiet Accumulation that continues intermittently as the stock moves up over several months. There is High Frequency Trader trigger momentum periodically, which triggers Smaller Funds Volume Weighted Average Price orders. The control of price continues to remain in the giant Buy Side Institutions Dark Pool...
Found this one while digging through semiconductor stocks and liked the look of the chart and the business. More and more devices around us will rely on some kind of touch or facial or voice recognition. It has appeared on several analysts list for stocks to watch for 2020 and there are rumours they might be involved with technology in the next generation of Apple...
Candlestick analysis on SYNAPTICS. After a Rising Window, the price tested the support at $ 49.20 and then it has been completed a bullish pattern, a Three Inside Up. This pattern indicates a potential trend reversal found at the end of a downtrend or retracement. It's very likely that SYNA will rise above the previous high.
I like a lot Synaptics, and I will like it even more if the price will break the resistance trendline. Currently, the "numbers" are mixed, some like the good cash flow from operations, largely solid financial position (with reasonable debt levels), and strong liquidity indicating strength; others, as the deteriorating net income, disappointing return on equity and...
Mark-up phase has started above the US$57 level. We may expect the uptrend to continue with buying interest picking up over the near term.
Target: US$61.76, US%64.00, US$66.83.
Support: US$55.80.
$SYNA looks like a channel down beginning back in early 2015. Hammer candle into channel lower extreme w/ gap still open above.
Positive divergence noted in higher highs on RSI.
