Symantec widens gains - Analysis - 19-08-2019

Symantec's stock rose in the short term, piercing the resistance of 23.50, amid the dominance of the upward trend in the short term, with positive support from the 50-day SMA, coupled with positive signals from the RSI after reaching overbought levels. 

Therefore we expect more gains for the stock, as long as it settles above 23.50, targeting the resistance of 24.85. 

Expected trend for today: Bullish