$SNPS · Schwab Network · 2026-11-03

But let's talk about "Synopsis" next. I know she's moving quietly here too . But this time it's not upwards. A single-digit percentage decrease regardless of the time period I am looking at; Whether it's last week, last month, 6 months, or since the beginning of the year, they all decreased slightly until they reach 52 weeks, at which point we have only increased by a few percentage points. So , how do you view Synopsis?

Yes, I was already watching it because it was in a state of consolidation or what I call the formation of the " inner band". It actually opened lower today . But I will wait, and if this sign does not come true, that's okay.

This means it's not a good deal for me. If we break above the 480.87 level, I think we have room to move up towards those recent highs and perhaps a little higher . Therefore, I am looking at a " Coolfly" broken-wing strategy for prices of 500, 520 and 530 for November 20th.

You can buy it. If we get there, the price will likely be around $3.75. This means we can earn $16.25, while still risking $3.75, and here I am looking to achieve a return of $4.43.

But the way things have gone today, we have little time before it takes off.

Well, we are looking forward to a rise towards the 480 level . Currently, we are slightly below 460 . Rick, it's a very volatile graph considering I just mentioned we're seeing percentage moves of only one number.

I mean, we haven't changed fundamentally across most measurable timeframes, despite how volatile it appears when you look at the details. So, what do you see in the technical aspects?

However, we have seen a 27% rise from these lower levels here. So, there were some short-term moves backed by a certain power here. I think the “ twist” pattern that Mike was talking about refers to the two converging trend lines here, suggesting a decrease in volatility, which usually precedes greater volatility when we break out of either of these two boundaries.

So, there is a notable upside point , where 491 was a recent high, and 513 another such high. The corresponding low points are at 417 and 404 here as well. So, these would be some signs to watch for if we start to see a directional breakout in either direction.

Now, we have fallen below our two short-term moving averages, the 5- day average in dark blue and the 21-day average in greenish-blue. We also touched on other averages today. We've hit our lowest point, the 63-day exponential moving average at 445, but it looks like we've recovered somewhat here.

Therefore, expect the "bulls" to push the market forward again to reclaim some of these moving averages if you have a greater tendency towards an upward trend here. Looking at the Relative Strength Index (RSI), we find that we are above the midline at 50, with a triangle shape similar to our momentum indicator here.

Therefore, if we cross the midline at 50 downwards, that would be a move closer to the downward trend. The trading volume profile here shows a large build-up of trading volumes, but if you want to isolate it, the area from approximately 450 to 475 is the most dense area.

Our control point was at level 462, which is another node here at the top. The range from 494 to 510 also stands out as a potential obstacle that must be overcome.