Symantec resumes decline - Analysis - 18-07-2019

Economies.com
2019-07-18 12:33PM UTC

Symantec's stock returned lower after the resistance of 23.50 held on, as the stock gathered momentum to help it rise anew, amid positive support from the 50-day SMA, while the RSI reached overbought levels. 

 

Therefore we expect the stock to rise, especially if the resistance of 23.50 was breached, targeting the next one at 24.85. 

 

Expected trend for today: Bullish    

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