This morning SYNA was remove from J.P. Morgan’s Focus List. The stock is currently down about 7 bucks at $91.25. SYNA has already broken resistance at $92.50 with the next level of support at $84.50.
SYNA’s 100 SMA(simple moving average) is at 86.88 with support below that at 84.50. $86.88 is a possible reversal point but $84.50 is a buy.
When it bounces the target sell is $95.50.