Hubert Senters here.
Let’s take a look at Symantec. I’m going to go back a little bit further in time. Look at it here. So it’s pretty nasty looking. I mean it does have a little bit of support down here in the area of $17.93 all the way up to about $19.22 which is not too bad.
And I guess it’s a mild way of putting it so that’s the weekly. Let’s take a look at the monthly. The monthly doesn’t look as terrible. So it’s on monthly support on the cloud. Weekly is for sure a sale. And then we zoom back down to the daily. The daily, you get a nice big gap up. Now, one thing I don’t like about this you can see a little bit more of the personality of this thing lately.
It was above the cloud, gapped down and then gapped up and then traded sideways and then gapped down and then pulled back in the gap. I wouldn’t touch it with a ten foot pole. It’s this is bipolar as far as stock personality go so I’ll just leave it alone.
When I wouldn’t touch it is if it would go back above the cloud I might get long it. But as of right now it’s just too sketchy for me to trade so.
Good luck. Hope it helps. See you on the next video.
Hubert.
