Possible stop above neckline. There is a level of support below the neckline at 275 and may be a more conservative short entry. Short interest is low at less than 1% and this is a strong stock that I used to own. I am having issues about marking this short )o: so investigate. Earnings 5-18 with forecasts saying this could be an earnings beat. SNPS may not go down...
The PEAD projected a Bullish outlook for $SNPS after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 83.33%.
SNPS: Synopsys, Inc. 2021-12-10 09:00:00 Synopsys Approves Stock Repurchase Program with Authorization Up to $1 Billion
Price emerging strongly from the Demand Zone . Provides good Risk Reward trade.
The company Synopsys that produces software systems dedicated to the production and testing of ingrate circuits finds new impetus. The company presented excellent results that have decisively exceeded the estimates of the analysis and thanks to these seems to have started in search of the peak and I doubt it will stop here. The algorithmic advisor Market Miracle...
SNPS pulled way back and appears to be trading in an ABC bullish pattern as well as a symmetrical triangle. SNPS has broken upper trendline of a symmetrical triangle, but there is also what appears to be a questionable top. This may have corrected enough for the questionable top as it seems we may still be in a bull market. In a bull market, it is not unusual...
SNPS good dip buy post earnings. Waiting for the dust to clear as it can come lower but may get a strong bounce off these levels.
Quantamental Tools for Proprietary and Retail Investors. Statistical Arbitrage Opportunities Delivered to Your Inbox. QuantChart. io Long 1000 $NOW Short 2106 $SNPS Mean Reversion Time: 12 Trading Days
there is market going so high move on impulse. so market need a minimum retrace. my opinion is market going down at least 200.
Background In light of the recent security breaches in the public and private sectors, software security companies have been in focus. Multiple stocks such as Fortinet (FTNT), Qualisys (QLYS) and Crowdstrike (CRWD) have seen an uptick on higher volume over the last few days. The services offered by these companies will certainly help in securing infrastructure...
$SNPS released its earnings with the PEAD projecting a bullish outlook following a positive under reaction following the announcement placing the stock in A If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
Synopsys, Inc is at the forefront of Smart Everything with the world’s most advanced technologies for chip design, verification, IP integration, and software security and quality testing. SNPS recently saw a decent share price growth in the teens level on the NASDAQGS over the last few months with expected continuation due to a widespread analyst consensus points...
Hi friends the daily chart of this market shows with a high probability that it will experience an uptrend in the next few days but it is better to be vigilant of the change in this market towards the opposite direction please subscribe to receive more analysis
Hey traders, SYNOPSYS is in a historic day we may be on a new record, it is in a fake bearish surge with a large volume at the end of the session. We see a bearish continuity but it is just looking to be able to turn around again for a great potential rise to break the consolidation zone, in force to reach new highs and land on the top of the zone. Please LIKE &...
Synopsys (SNPS) - Get Report shares rose Thursday, as analysts touted the software security company’s widening profit margin in its latest quarter. Synopsys’ gross margin totaled $771.1 million in the quarter ended July 31, 16% wider than the $666.3 million of the year-earlier quarter. The Mountain View, Calif., company’s shares recently traded at $215.90, up...