Symantec tries to close a price gap - Analysis - 22-05-2019

Economies.com
2019-05-22 10:06AM UTC

Symantec's stock rose in the short term, while correcting the main downward trend in the medium term, while also trying to close a recent price gap, as it traded alongside the downward trend line with negative pressure from the 50-day SMA, as the RSI reached overbought levels. 

 

Therefore we expect the stock to return lower, as long as the pivotal resistance of 21.69 holds on, targeting the support of 19.41. 

 

Expected trend for today: Bearish   

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