SYNA: Potential BuyBullish breakout from the range after a fakeout. In the current channel I'd see limited upside towards 125 USD but in case we head closer to the lower trend lines I'd consider SYNA as a buy.
SYNA
$EXPE PEG and Cup With Handle BreakoutI've put relevant notations on the chart. I'm putting this on my action list for next week. Many ways to play this one. If it opens in the upper wick that's strong. If that's the case I may go long with a stop below the day low or open. I may wait for a pullback but look for the gap to hold. It could also flag here for a few days or weeks. Either way this should be on your watch list. Ideas, not investing / trading advice.
As a side note there are quite few gappers this week worthy of a watch list such as $GDYN, $SYNA, $LYV, $PFE, $GT, $TGI and $BA which I've posted an idea on.This list is only a few, it's been a great week for many stocks breaking out.
SYNA Platform Position Trading SetupSYNA formed a strong bottom based on hidden Dark Pool Quiet Accumulation that continues intermittently as the stock moves up over several months. There is High Frequency Trader trigger momentum periodically, which triggers Smaller Funds Volume Weighted Average Price orders. The control of price continues to remain in the giant Buy Side Institutions Dark Pool buying activity.
SYNAPTICS, a bullish signalCandlestick analysis on SYNAPTICS. After a Rising Window, the price tested the support at $ 49.20 and then it has been completed a bullish pattern, a Three Inside Up. This pattern indicates a potential trend reversal found at the end of a downtrend or retracement. It's very likely that SYNA will rise above the previous high.
$SYNA channel down gap open to upside$SYNA looks like a channel down beginning back in early 2015. Hammer candle into channel lower extreme w/ gap still open above.
Positive divergence noted in higher highs on RSI.
