Earnings KerSplat! - Market Analysis for May 11th, 2018

May 11, 2018 - 10:18 AM EDT

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.

SYMC - Primary Analysis - May-11 1013 AM (2 hour)

SYMC - Primary Analysis - May-10 1304 PM (4 hour)

Zac Mannes is a senior analyst at ElliottWaveTrader.net and co-host of the site's Stock Waves service, which provides wave alerts and trade set-ups on individual stocks.

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