Earnings KerSplat! - Market Analysis for May 11th, 2018
I love Elliott Wave!
Not only did our analysis of SYMC ahead of earnings warn us of a pending larger C of (4) DOWN, but it told us we could ALSO expect a small pop toward 30.xx first!
We go into ERs like this seeing earnings as the potential catalyst for the START of a move like that C down... we don't anticipate getting the WHOLE move all at once but occasionally hit some nice HomeRuns.
We look at 100s of names reporting earnings every quarter in StockWaves!
*SYMC is into targeted support for (4) but a #KnifeCatch here until a small turn up.