SYNA has steadily slid down after topping out back in November. It is now hovering above its 200 sma and is getting support from the average. I would now look to buy the stock right around here as a bounce play. Stop out two percent below the 200.
ONXX simply will not stop. It has been on a tear for a very good while now. I don't think the trend will stop right here. The stock is coming down a bit and looks attractive off its 50 sma. It has bounced off this level before (early Aug, October and mid December). I believe it will do once again. Watch the stock in the coming days/weeks. If it makes down there, I would buy it and stop out two percent below.
No comments:
Post a Comment