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SYMANTEC CORP
(SYMC-Nasdaq):
Technical Viewpoint: From a low
of $29.05 on Oct 3, 2002 prices
rallied, reaching a
high of $42.20
on Nov 4, 2002. A
decline saw prices pull back, reaching a
low of
$38.50 on Nov 11, 2002.
Another rally saw prices penetrate
resistance, closing 11/13/02
at $40.99. Technicals: Stochastic Oscillator (STOC): A Buy Alert!
was given on Nov 13, 2002 when the solid line crossed the dotted line to the upside.
Support: Remains at $39.50. Resistance: Is at $42.20.
Point & Figure: Reversed to the upside on Oct 15, 2002. A P&F upside
reversal takes place at $37.50. Summary: Technical indicators have turned bullish. BUY! SYMANTEC CORP
(SYMC-Nasdaq) @ $41.25 Stop: Use a protective stop of $39.25.
SYMANTEC CORP is currently trading @ $40.99 plus $0.93 on Nov 13, 2002. Price Objective:
$64.00. Risk/Reward: $2.00 VS. $22.75. Today's Risk Reward Ratio: 11:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$64.00
Risk/Reward:
$2.00 VS. $22.75
Risk/Reward Ratio:
11:1
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