Symantec Goes for a Breakout With Multiple Scan Signals

Arthur Hill
by Arthur Hill,
Chief Technical Strategist, TrendInvestorPro.com

Symantec is popping after reporting earnings on Thursday. The chart below shows the stock with a selling climax in mid March, a recovery into early April and a consolidation the last few weeks. With today's gap, the stock is on the verge of a consolidation breakout. The left side of the chart shows a screen shot from the Pre-defined scans page. Notice that SYMC had a bullish MACD cross and CCI buy signal as well.


Click this image for a live Chart

Arthur Hill
About The Author:

Arthur is the Chief Technical Strategist at TrendInvestorPro. Focused primarily on US equities and ETFs, his systematic approach of identifying trend, finding signals within and setting key price levels has made him an industry-leading technician. Learn More 

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