But I do know that going back above its 50-day ma, SYMC is on track to go higher. To soar, in fact, because of the large short position who were suckered in by the chart pattern, a late-developing head and shoulders pattern.
Our software shows that using that simple concept would have gained a trader 52.9% including commissions, buying and covering on moves past that average and selling and selling short when it was violated.
SYMC's OBV made another all-time high today. Aggressive buyers want this stock. And its level of patient accumulation is higher than 98% of all tech stocks.
Buy it Monday if it opens down because it's starting to close very powerfully.
I'll post a new chart of it this weekend as viewed by our software.