Long
Firewall Breach
SYMC looks ready for a breakout.
After a strong Q4 report, Symantec announced a share buyback, debt repayment and interest in pursuing strategic options.
The stock is currently sitting above its 21 and 200 EMA.
With the huge May-18 gap ahead, the stock can go chase the $25.00 / $28.00 / $29.00 levels.
Keeping a loose stop on this one well below all of the supports at $20.75.
After a strong Q4 report, Symantec announced a share buyback, debt repayment and interest in pursuing strategic options.
The stock is currently sitting above its 21 and 200 EMA.
With the huge May-18 gap ahead, the stock can go chase the $25.00 / $28.00 / $29.00 levels.
Keeping a loose stop on this one well below all of the supports at $20.75.
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