Shares of Synopsys, Inc. SNPS are rebounding on Thursday. The stock was crushed on Wednesday, dropping by more than 35% after posting earnings, but there is a good chance the rebound continues.This is why we have made Synopsys the Stock of the Day.In the stock market, certain price levels have more importance than others. As you can see on the chart, that's the case with the $381 level for Synopsys. It has been important since it was resistance in January 2022.When the shares rallied back to this price in A ...

Group 1 - Caterpillar Inc. is experiencing a rebound after a disappointing earnings report, with shares down nearly 2.5% previously [1] - The stock found support around the $349 level in January, which has historically acted as a resistance level in previous months [2][7] - The concept of seller's remorse is influencing current trading behavior, as investors who sold at $349 are now looking to buy back at the same price [5][6] Group 2 - The current support level for Caterpillar is around $408, which was previously a resistance level in November and January [7] - If historical patterns hold true, there is a strong likelihood that Caterpillar's stock will rally off this support level again [7]