Investor Alert: Stock Chart Test For $VMW
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VMware, Inc. (NYSE:VMW) is making an strong attempt at breaking major resistance on the chart from 2015. However, so far it is failing. Investors need to play this correction. As long as the stock stays below $92.50 on a closing basis, investor should be cautious or even bearish. If it breaks above that level, VMware, Inc. (NYSE:VMW) becomes a bullish breakout and can surge over $100.00. Aggressive investors can even be short as long as the stock stays above that $92.50 level. The downside is solid if it fails to breakout, to a target of $80.00
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This article was written by Anna B for on .
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