Long
SYMC Falling Wedge
Expecting a sharp decrease once earnings come out tomorrow.
Will probably end up in buy zone in next few days, confirming the wedge.
Bullish divergence on 1D MACD just like we've seen in the past when falling in this fashion.
Buy when we drop into major support (blue) and hold until green.
Being the leader in endpoint protection, you might even want to get in on this entry and hold long term. This company has a lot of room to grow with the growth of InfoSec.
Will probably end up in buy zone in next few days, confirming the wedge.
Bullish divergence on 1D MACD just like we've seen in the past when falling in this fashion.
Buy when we drop into major support (blue) and hold until green.
Being the leader in endpoint protection, you might even want to get in on this entry and hold long term. This company has a lot of room to grow with the growth of InfoSec.
Note
Time to buy
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.