Wednesday, January 20, 2016

[SYNA] update

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'.


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