BUY! SYMANTEC CORPORATION (SYMC) Nasdaq

  Report No. 1436    Analysis by: Harry Aloof     JANUARY 10, 2002

SYMANTEC CORPORATION (SYMC-Nasdaq): Technical Viewpoint: From a low of $61.75 on Dec 4, 2002 prices rallied, reaching a high of $70.45 on Dec 19, 2002. A decline saw prices pull back, reaching a low of $64.17 on Jan 2, 2002. Another rally saw prices penetrate resistance, closing 1/9/02 at $73.25. Technicals: Momentum Index (MTM): A Buy Alert! was given on Dec 2, 2002 when the solid line crossed the dotted line to the upside. Support: Remains at $67.00. Resistance: Is at $81.63. Point & Figure: Reversed to the upside on Jan 3, 2002. A P&F upside reversal takes place at $70.00. Summary: Technical indicators have turned bullish. BUY! SYMANTEC CORPORATION (SYMC-Nasdaq) @ $74.25 Stop: Use a protective stop of $71.40. SYMANTEC CORPORATION is currently trading @ $73.25 plus $3.26 on Jan 9, 2002. Price Objective: $90.00. Risk/Reward: $2.75 VS. $15.75. Today's Risk Reward Ratio: 6:1

Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study

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Price Objective:
$90.00 Risk/Reward:
$2.75 VS. $15.75 Risk/Reward Ratio:
6:1
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