Symantec Corp. The Bull is ready.
Technical Observations:
· Consolidation phase likely over and bullish breakout likely to be in place
· Indicators pointing to a possible strong move
· A strong rally past $21.40 should see $24, $26 – $26.60 as major resistances
Fundamental
· With the upcoming Sale of Veritas, the company plans to accelerate the buyback program, announcing it has plans to increase it to $2.6 billion from $1.5billion.
· For a company that is $14.16 Billion market cap, that is pretty substantial.
Technically Speaking 