Symantec resumes decline - Analysis - 11-07-2018

Symantec's stock (SYMC) returned lower in the intraday levels, recording a loss of 0.74% in the last session, or 0.16 points, amid the dominance of the main downward medium-term trend, with negative pressure from the 50-day SMA, while the Relative Strength Index reached extremely overbought levels. 

Therefore we expect more losses for the stock, targeting the support of 18.85, as long as the resistance of 22.79 holds on.