APPLE-SAMSUNG BATTLE MAKES SYNAPTICS SOAR $AAPL $ SYNA $CY $IDTI $ATML

Twitter
LinkedIn
Facebook

SYNA SAMSUNG  SYNAPTICS $syna

Helping Samsung beat Apple is making Synaptics stock soar. Synaptics is a San Jose, Calif.-based supplier of human interface solutions, mostly for touch applications This morning, Synaptics stock was up about $20, an inordinately large move after about $12 gain after hours Tuesday in the wake of an earnings report.

Let us start by looking at the annotated chart.

Please click here for the chart.

The Arora Report’s target zone for Synaptics /quotes/zigman/87211/delayed/quotes/nls/syna SYNA -0.68%  has been $100-$110. This target is now la lot closer than when it was first given about a month ago. However, this is a very volatile stock that moves in a very wide range. For this reason, our call is to take partial profits on the gap up shown on the chart. The plan is to patiently wait for a dip in the buy zone to initiate or add to the existing position. If the overall market experiences a 5%-7% correction, it is more likely than not that there will be an opportunity to buy in the zone shown on the chart before a march to $100.

Synaptics now projects full-year 2014 revenue of $933M-$943M vs. a consensus of $918.5M. It raised its fourth-quarter revenue view to $300M-$310M from $275M-$295M vs. consensus $286M. Read more at MarketWatch or ZYX Buy Change Report.

You are receiving less than 2% of the content from our paid services …TO RECEIVE REMAINING 98%, TAKE A FREE TRIAL TO PAID SERVICES.

Please click here to take advantage of a FREE  30 day trial.

Check out our enviable performance in both bull and bear markets.

Subscribe to 'Generate Wealth'

Free Forever

More To Explore

30 Day Free Trial

Cancel within 30 days and you owe nothing

When you take a FREE 30 day trial, you get access to powerful techniques used by billionaires and hedge funds to grow richer. You can continue to use these powerful techniques to grow richer even if you cancel your subscription. You come out ahead by subscribing no matter how you look at it.

A fortune is to be made from AI stocks.
Get the list of 18 AI stocks to grab your share of the profits — no cost to you.

A fortune is to be made from AI stocks.

Get the list of 18 AI stocks to grab your share of the profits.

AI is a $1 Trillion Market

Making A Fortune
In Artificial Intelligence

Golden Age of Artificial Intelligence