Symantec pierces main upward trend line - Analysis - 11-08-2017

Economies.com
2017-08-11 12:23PM UTC

Symantec's stock (SYMC) returned lower in the intraday levels, recording a loss of 2.66% in the last session, or 0.76 points, and breaching the main upward medium-term trend line, with negative pressure from the 50-day SMA, doubling the negative pressure on the stock's next trades. 

 

Therefore we expect more losses for the stock, as long as it settles below 28.22, targeting the support of 25.72. 

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