Our system’s recommendation today is to BUY. The BULLISH ENGULFING pattern finally received a confirmation because the prices crossed the confirmation level which was at 36.5800, and our valid average buying price stands now at 36.6100. The previous SELL recommendation was issued on 6/11/2013, 7 days ago, when the stock price was 36.7300. Since then SNPS has fallen by -0.33%.
Let’s jump on our white horses and go for a bullish ride. The bullish pattern that was previously identified is finally confirmed and a BUY signal is generated. The market is telling you about a new profit. Do not miss this bullish opportunity.