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SYMANTEC CORP
(SYMC-Nasdaq):
Technical Viewpoint: From a low
of $61.41 on Sep 26, 2003 prices
rallied, reaching a
high of $67.22
on Oct 9, 2003. A
decline saw prices pull back, reaching a
low of
$62.75 on Oct 10, 2003.
Another rally saw prices penetrate
resistance, closing 10/15/03
at $66.48. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Jul 29, 2003 when the Histogram crossed the "0" line to the upside.
Support: Remains at $64.00. Resistance: Is at $67.22.
Point & Figure: Reversed to the upside on Oct 13, 2003. A P&F upside
reversal takes place at $64.00. Summary: Technical indicators have turned bullish. BUY! SYMANTEC CORP
(SYMC-Nasdaq) @ $66.75 Stop: Use a protective stop of $64.25.
SYMANTEC CORP is currently trading @ $66.48 plus $0.91 on Oct 15, 2003. Price Objective:
$77.00. Risk/Reward: $2.50 VS. $10.25. Today's Risk Reward Ratio: 4:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$77.00
Risk/Reward:
$2.50 VS. $10.25
Risk/Reward Ratio:
4:1
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