27-Jan-2012 - How up can Symantec Corporation (up 119 percent, SYMC) go?

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Summary Free Membership     Add to watchlist     Email to friendSee our recent article: How do I manage my trading risk?(Date Report Was Created: 25-Jan-2012) Symantec Corporation (SYMC)TechnologyLast: 17.07  (+0.20 pts, 1.19%)  Open: 17.07  High: 17.18  low: 16.9  Security Software and Services Quick Summary The Stock is in wholesale nhl jerseys Accumulation Phase. The Accumulation Phase usually occurs when the as the market is firming up. Generally, the Market is showing signs that buyers are entering the market. The stock has recovered 14.3% from its recent low price of 14.94 which occurred on 21-Dec-2011. The current price is above the 50 day moving average of 16.04. Sustained move above the average could signal development of an uptrend. The closest support can be found at 15.88. The closest resistance can be found at 17.74. See Support/Resistance below for details. How to trade Symantec Corporation(SYMC)? Breakout Trade: A close below the support level of 15.88 could trigger a sell signal. Confirmation would occur when the high of the day would be below 15.88. Retracement Trade: Consider buy when the price retraces around 15.88 if you are aggressive. Alternatively, a conservative buy would be around 15.15. Risk Management: Consider risking somewhere between 0.5385(3.15%) and 0.8975(5.26%) points on your position. Risk management is an important part of trading. Our risk management strategy is based on the average daily range of the stock. Sign up for free membership to view complete report. (Available only for short time) Look up analysis for ANOTHER stock Sign up for complete report Free Membership     Add to watchlist     Email to friend To view complete institutional style report and recommendation on Symantec Corporation(SYMC), pleaseSign up for free membership!!! If you have already registered, login now, to view the complete report. We evaluate over 4000 stocks everyday. Read our analysis for SYMC and other stocks daily.Why not become a member ?For now, it is FREE!!! Technicals Free Membership     Add to watchlist     Email to friend Market Phase:? Accumulation This indicator compares long term trend with short term price action to explain the current phase of the market. According to the indicator, the stock of Symantec Corporation is in the Accumulation Phase. The demand for SYMC is firming up or is still firm. Generally, this indicates that the market is showing signs that buyers wholesale nba jerseys are entering the market. Short Term Trend:     (+8) The short term trend indicator only looks at 10 to 20 day timeframe to determine the current trend. Symantec Corporation(SYMC) is currently strongly bullish. 3 Day Money Flow:     (+2) The money flowing for last 3 days in SYMC has been insignificant on the uptrend. This indicator summarizes the price and volume activity over last 3 days. It is a very short term indicator. Snapshot Free Membership     Add to watchlist     Email to friendPhase:?Accumulation  Relative Strength:    (-4) EPS Growth(yoy):    (+7)  Fundamental:    (+7)  To view complete report on Symantec Corporation(SYMC)please sign up for free.If you have already registered, login now to view the complete report. askStockGuru TIPS Free Membership     Add to watchlist     Email to friendIf you are investing in stock, or if you buy stocks, trade stock, or are into stock investing, read this section to improve your stock trading skills. Risk Management should be critical part of your trading plan. A rational nike nfl jerseys risk managment plan is crucial because it save your portfolio under turbulant market conditions. Here is one approach to manage risk involved in trading stocks. Tip. Limit the amount of money that you risk on a stock or a trade. Don't put your eggs in one basket. Investing too much of your trading capital on one stock or trade increases your risk. Common sense dictates that it is not the right thing to do. Many people have rightly suggested that investors should diversify their portfolios. Diversification does not increase returns, but it reduces your risk. The question then comes up is, how much money should I risk on a trade or a stock ? The amount of money that you should risk on a stock depends on the capital you have to trade, your mental and personal makeup to tolerate risk, and your goals. Normally, it is suggested that a trader should not risk more then 2-5% of the available capital on one particular trade. This is a good rule of thumb; however, you should evaluate your personal circumstances and risk tolerance before taking on a trade.

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