Symantec faces strong resistance - Analysis - 17-01-2019

Symantec's stock rose 0.15% in the last session, or 0.03 points, testing the important resistance of 20.00, amid negative pressure from the 50-day SMA, with negative signals from the RSI after reaching overbought levels, amid the dominance of the downward trend in the medium term. 

Therefore we expect the stock to return lower, as long as the resistance of 20.00 holds on, targeting the support of 17.49. 

Expected trend for today: Likely Bearish