Earnings are 8-17 after market close. Long entry is not usually ideal at overbought levels but we are all different. SNPS broke the neckline a while back. New ATH 381.70 I suppose the chips bill has energized the semiconductor stocks. On monthly this looks really steep. This has been overbought for a while with RSI on 80 versus 70. Overbought and oversold...
My idea to long Synopsis's, but the best thing that's been written about is how to write fiction, or not to write fiction at all, and not to write for children, not to write for the masses. If you are doing what you love or what you love to do, you can write anything, anywhere and with whom you want. We are the ones who decide what we are interested in and what...
Notes: * Very strong up trend on all time frames * Amazing earnings track record * Basing for the past ~7 months while the Tech sector and the general market were getting hammered * Coming off of its 50 day line with higher than average volume * Coming up on the right side of its base * Offering a low risk entry * Showing tonnes of strength and signs of...
The PEAD projected a Bullish outlook for $SNPS after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 63.64%.
Price has broken the top trendline of the channel down. Many of the stocks have the W pattern in the chart as of late. This one has moved a lot more and much faster than the others with this W that I have been watching. Valley 2 is lower than valley 1, and the retrace/uptrace leg hit the .382, so when this turned up for the last leg of the W, I then know this...
SNPS is hitting some hard resistance at the top trend line of the channel down. Sometimes it is easier to draw trendlines on weekly, then switch back to daily and see where the weekly trendlines you drew line up with price. The trendlines of the channel down seem to be narrowing a very small amount. This is also a head and shoulders top which has broken the...
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.
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...
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.
$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.