In the backlink my model suggested that Synaptics stock was at a critical juncture.
Those of you who know who do any technical analysis likely recognize this as a H+S break down followed by a back test from below. Bottom line: NOT likely GOOD.
The target price for these shares is $20. Synaptics will not be plummeting alone. Short DIS, AMZN and other high fliers. Fundamentals are meaningless in a market panic....
Jus' sayin'.
Wednesday, January 20, 2016
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