SYNA, Like Falling Knives?
Posted on Mon 31st Dec, 2007 07:00:19 AM
If you like falling knives, do you like trying to catch them too?
Take a look at this chart of Synaptics SYNA stock and you make the call on whether or not the 200 day moving average is going to hold up!
Click to View, Click Again to Zoom
I got $5 bucks on the knife, any takers?
SYNA closed Friday at $41.19, with the 200 MA sitting at $40.12.
SYNA is a stock that I had kept a close eye on a few months and had fallen off my radar of late. I had no idea this stock had fallen so quickly. No need to try to catch that one.
200 dma
and 2 doijs in a row
I set my buy stop limit order over 42 and quick 2 points earned