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News Breaks | | | | February 8, 2013 | | 14:22 EDT |  | SNCR | Synchronoss gaps up, spikes higher after earnings, levels to watch
The share are now up nearly 20% on the day following better than expected results last night after the close. The company beat consensus expectations of 25 cents by 4 cents. The price action today has filled the big bearish gap from May of last year. This is one reason it is worth keeping an eye on a longer range chart for big discontinuities such as this, bearish or bullish, as all gaps eventually get filled. They also provide important clues for support and resistance. Next resistance above the top of the gap is at $31.14, a pivot high. Support is at the prior bearish gap top at $29.10. There was a large short-base, over 12 days to cover, coming in to the earnings report. Volume is heavy. | |
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News For SNCR From The Last 14 Days Check below for free stories on SNCR the last two weeks. |
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| May 10, 2013 | | 10:00 EDT |  | SNCR | On The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: 3D Systems (DDD) initiated with a Buy at Janney Capital... Actavis (ACT) initiated with an Outperform at BMO Capital... Allergan (AGN) initiated with an Outperform at BMO Capital... Emeritus (ESC) initiated with an Outperform at Wells Fargo... Ensign Group (ENSG) initiated with a Market Perform at Wells Fargo... Forest Labs (FRX) initiated with an Underperform at BMO Capital... J2 Global (JCOM) initiated with an Outperform at Wedbush... Mylan (MYL) initiated with an Underperform at BMO Capital... Splunk (SPLK) initiated with a Market Perform at FBR Capital... Teva (TEVA) initiated with an Outperform at BMO Capital... Workday (WDAY) initiated with an Outperform at Oppenheimer... Nuance (NUAN) initiated with an Outperform at Wedbush... Demandware (DWRE) initiated with an Outperform at Wedbush... Synchronoss (SNCR) initiated with an Outperform at Wedbush... Trius Therapeutics (TSRX) initiated with a Buy at Guggenheim... Proto Labs (PRLB) initiated with a Buy at Janney Capital... Stratasys (SSYS) initiated with a Buy at Janney Capital. | | | 07:26 EDT | | SNCR | Synchronoss initiated with an Outperform at Wedbush
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