April 11, 2019

Let’s Look at the Whole Picture When it Comes to Synopsis

As tech names continue to fly in 2019, this is one that has been watched and loved by investors. The trend continues to be strong in this name and I do not see that stopping for now. I suspect SNPS has more room to grow. Surrounded by a bevy of buy ratings, analysts love the growth potential in this name also. While it may be coming up to peak valuations, we have seen tech names without a proverbial ceiling. This is one of those names that can easily continue to move on up without much concern of a huge washout. The name continues to reap rewards for traders and investors buying into the name. I would keep SNPS on your watchlist if it is not on it already.

about the author:

Charles Moon

Charles Moon is a technical "whiz kid" whose experience lies in scalp/swing trading. A patient educator, Charles excels at coaching/mentoring and can make complex concepts simple. Prior to joining the ranks of Prosper Trading Academy, Charles was a proprietary equities trader with Great Point Capital LLC. Coming from a retail trading background, his experience can help those with no experience trading to seasoned veterans.

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