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Strategies & Market Trends : Classic TA Workplace

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To: Jack of All Trades who wrote (140597)1/26/2007 5:54:53 AM
From: 2MAR$  Read Replies (1) of 209892
 
Watched SYNA pop to $32's in the A/H with pretty good #'s while busy with MSFT firing off ....

Doing quick check of charts revealed that SYNA was right there testing a d-top on the daily , later that was one short i regret not taking as it gave back like almost all of them have at what seems to be the market saying "this is enough valuation" at these levels .

*SYNA ...one more perfect example of the OB/d-top
in action lately , the 1rst touch @ $32 in the OB/rsi
also does a pullback too (a "tell" )

(going to look for a bounce trade in here today though )

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