SNPS: Slowing down after huge momentum gains

SNPS stock has been moving with intermittent momentum runs and easily broke through the highs resistance from September 2018. It is now slowing down after huge gains. The stock is currently shifting sideways with a rising risk of heavy profit taking from the pro side.

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Chart PatternsTechnical IndicatorsprofittakingrisksnpssoftwarestockStocksSupport and ResistancetechnologystocksTrend Analysis

Martha Stokes, CMT
ttrader.im/tv-candlesticks

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