Fibonacci Retracements for SYMC

Symantec gives attentive traders two chances to buy this stock at a fibonacci retracement level.

The first occurs when the stock dips below but closes above the 50% retracement level near $38.

The stock then makes a new high and repeats the same scenario again. This time stopping at the 62% retracement level. In both cases, the stock made a large range day at the retracement level resulting in decent profits for those sharp enough to identify these opportunities.

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