SYMC Wedge

٢٤ سبتمبر ٢٠١٨

SYMC gapped up on news that their audit was over and the market reacted positively. We sold off hard at the open couldnt find strength the whole day until towards the close where we made multiple attempts to get about 21.75. We ended up making a large wedge throughout the whole day and with the large sellers in play at .75 its providing a good opportunity to get long depending what happens over night and into the open tomorrow. Would be nice to see a small gap up and pullback to 21.75 to see if we can hold above before entering in any long positions. Chart looks much better on the 5s

21.87 Will also most likely come into play tomorrow as well, that was the first level we could not get above in the open session.