The PEAD projected a Bullish outlook for $SNX after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 33.33%.
DM's are open if you have any questions/queries. These thoughts are my own ideas based off my own analysis. Please do your own research before putting your own money into the markets.
More than $100M worth of SNX was closed in the past year (mostley taking profits), and no new insider buying.
Earnings after market closes SNX has a good record but did miss on revenue a few times R overhead due to gap down but that gap looks to have been filled. I would guess they need to beat earnings today to get through the R overhead Small unfilled gap below priceU Support below as well. NV is high Possible T2 230.15 to 250 Not a recommendation/Just an observation
Earnings 6-21. This flag did not consolidate very long, or pull back as far as most flags do. A bull flag occurs in an uptrend and there needs to be a pole. There also needs to be a pull back that forms the flag. The flag pole needs to be long enough to support the weight of the flag. Tight flags that hang high often perform the best. Bull flags do not always...
This stock broke off from Concentrix (now trading as CNXC) several weeks ago..so now it is on it's own. Considered undervalued by some which is unusual in this arena. NV is up there as well as obv. Short interest is low.. Small pull back earlier today and I got a little paranoid ..lol..but on TOS, they still have this as a big gap down from when the two...
The company is on the backstage of tech story with strong fundamentals. Recent spin-off of Concentrix business allows to maintain focus and push forward. The over-reaction on Dec 1 was immediately bought as an opportunity to enter. My expectation for Jan: breaking above 83 - testing 86 and re-testing 83.5. I'm long in this stock.
I like SNX as a post-earnings momentum play as long as the overall markets continue trending up. This one seems to trade pretty much in line with SPX on a relative basis (Price Relative plot), and demand is pretty high following the earnings announcement a few days ago (RSI plot). The price chart has been trading above the 200-day moving average (indication of an...
SYNNEX Corporation, a business process services company, provides business-to-business services that help their customers and business partners grow and enhance their customer-engagement strategies. Headquartered in Fremont, CA, and with operations in more than 30 countries, SYNNEX is an industry leader in IT distribution and customer care outsourced services,...
Looking for a move through 116 to take a position. Really good Relative Strengh and positive fundamentals.
Ho, this baby ar screaming to be shortened! :D Take a look at W, H1 and yes D chart here. RSI is highly overbought, and value is floating in that area for some time, which is one of the clearest signals of possible price movement change. Fibonacci on W time frame, 61.8 is to strong resistance level, for now. My play is sell short with R/R 2:7
1. Not up three days in a row 2. Linear move up prior to consolidation 3. Young Trend 4. No breakouts or breakdowns during consolidation phase 5. Clean and low volatility consolidation ***see roboticinvesting.com for more details on Momentum Surge
I'd say its okay to be biased long
Not Sure what to make of the chart. RSI and MACD telling the most. Please comment on my two black trendlines from the recent peak. Wasn't sure what to do there. Drew two, one from intraday high and the other from closing high. Watch that orange support line
SNX is forming a head & shoulder. It has build downward momentum & also has fundamental weakness as well. We think it will fall down to 84 level. For the option trade we are looking for Dec $105 put which traded for $7.2 You can check our detailed analysis on SNX in the trading room/ Executive summary link here- www.youtube.com Time Span: 13.45" Trade...
Looks falling from its right shoulder of head & shoulder pattern. We are looking for a drop to 55 in longer term. For trade we are taking Aug16- 95 put ($4.7) or Dec16- 70 Put ($3.7) You can check our detailed analysis on SNX in the trading room/ Executive summery link here- www.youtube.com Time Span: 6:25 Trade Suggestion Date: 6/27/2016 Trade Open: 29/6/2016