Stocks

Symantec tries to correct downward trend - Analysis - 14-06-2019

2019-06-14 12:24:51 GMT (Economies.com)

Symantec's stock rose 2.03% in the last session while correcting the main downward trend in the medium and short terms, with negative pressure from the 50-day SMA, as a negative divergence formed in the Stochastic indicator after reaching overbought levels. 

 

Therefore we expect the stock to return lower, especially if it settled back below 19.41, targeting the pivotal support of 17.41. 

 

Expected trend for today: Bearish    

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