SYMC Trade on Jul 3, 2019 09:40 from Cklamb: Tradervue User Stock Trades.

SYMC

Intraday Fundamentals
10:38 PM EDT, 07/02/2019 (MT Newswires) -- Symantec (SYMC) shares soarerd in after-hours after Bloomberg said Broadcom (AVGO) is in advanced talks to buy the company, and an agreement could be reached within weeks.
The story did not mention any potential price of a takeout.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
Price: 27.00, Change: +4.90, Percent Change: +22.17
buyout rumor
Reading the Tape
After taking the limit order on the second trade I did see heavy selling action set down to .50. A little better tape reading may have keep me in this trade. There was a strong appeared to be a large buyer at .40 and that level held for while. But, convince me to wait for a consolidation above .50 . A little more tape reading may have let me see the buyer lift a few minutes later.
Technicals

This stock is trending on the weekly chart for the last couple of years. It has been in a range between 18 and 23 with a short lived break up to 25 before the May sell off. Since June, like most stocks in these tech sectors, the trend has been strongly up.

Potential pivots were created in the overnight trading session that are above the recent range top of 24.80 that was tapped twice back in May.
At the current premarket 25.65 is holding. Next support would be the 24.80 followed by 24 and very weak level at 24.60.
Overnight action has stalled at 26, 26.50 27, 27.50 and 28
Trade Management

Notes
There was a a lot of attempts for this thing to break 25.50. The consolidation was underneath VWAP. I am not sure why I was taking the long bias on this out of the gate. It really did give clear signs that 25.50 was going to be a struggle.
All and all, I was looking for a break on a 50/50 chance on my bias. It just felt like this would end wherever traders wanted to a put a value on it.