InvestorsHub Logo
Followers 59
Posts 2197
Boards Moderated 4
Alias Born 04/28/2019

Re: None

Saturday, 05/11/2019 2:01:16 PM

Saturday, May 11, 2019 2:01:16 PM

Post# of 103
Compensated Awareness Post View Disclaimer
BEARISH INTO EARNINGS. DECLINE IN REVENUE EXPECTED.

Symantec had a 40% gain from the December lows and has now started to reverse on decent volume . Earnings approach with little optimism as revenue is expected to have declined. From a charting perspective the RSI has had a drastic correction and is approaching oversold territory,we are of the opinion that the gap to $21 will be filled at a minimum, so we will be short, but with a tight stop loss in place.


Official InvestorsHub (IHUB) Profile for TopMarketGainers.com. Since 2009,
we are the #1 Source For #FREE Winning #NASDAQ & #NYSE-Listed Alerts!

IHUB Board: https://investorshub.advfn.com/Chart-Analysis-TopMarketGainerscom-36847/