Symantec chalks up new losses - Analysis - 20-11-2017

Symantec's stock (SYMC) fell anew in the intraday levels, recording a loss of 0.85% in the last session, or 0.24 points, amid negative pressure from the 50-day SMA, while the stock gets hurt by piercing the main upward medium-term trend line, amid attempts to vent off the oversold saturation in the RSI. 

Therefore we expect more losses for the stock, targeting the important support of 27.31.