Symantec declines alongside downward trend line - Analysis - 12-02-2019

Economies.com
2019-02-12 12:55PM UTC

Symantec's stock dropped 1.06% in the last session, or 0.24 points, while trading alongside the main downward trend line in the medium term, with negative signals from the RSI after reaching overbought levels, countered with positive support from the 50-day SMA. 

 

Therefore we expect more losses for the stock, as long as the resistance of 22.79 holds on, targeting the support of 21.05. 

 

Expected trend for today: Bearish 

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