Aiming for $116.93 with Bullish Momentum
Updated
Synaptics (SYNA) is showing strong bullish momentum, with the potential to fill a gap at the $73.50 level. A successful push through the $83.50 resistance level would signal further strength, targeting the next major monthly resistance at $102.50. With a favorable 7.28 risk-to-reward ratio, this presents a solid opportunity for traders to capitalize on potential upside, while managing risk with a stop-loss at $71.00.
Synaptics continues to expand its footprint in the semiconductor industry, particularly with its innovations in human interface solutions, IoT, and AI integration, making it well-positioned for long-term growth. As these sectors evolve, SYNA could see increased demand, pushing it toward the ultimate target of $116.93.
SYNA
https://www.tradingview.com/x/ZHR64ill/
Synaptics continues to expand its footprint in the semiconductor industry, particularly with its innovations in human interface solutions, IoT, and AI integration, making it well-positioned for long-term growth. As these sectors evolve, SYNA could see increased demand, pushing it toward the ultimate target of $116.93.
SYNA https://www.tradingview.com/x/ZHR64ill/
Trade closed: stop reached
no dice
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.