Technical Analysis: CIBR had a volume spike of 850,000+; which is 80% higher than usual, yesterday November 12th 2019. The 50sma (yellow line) is bouncing back, trying to cross the 200sma (red line), and after it must cross 100sma (blue line) for it to continue being bullish. 10sma is short-term support - $29.3 All time highs is short-term resistance...
Trade Overview Profit Target = 50% fib retrace (around $142) Exit signal = Close trade if price closes above $155 Rationale: - VMW in triangle consolidation pattern (possible continuation pattern) - Price resistance at $155 (hence using a close above this point as the exit signal) - Failure to breakout of 1 ATR channel - Moving averages clearly indicating a...
I fair conviction in the fundamentals of VWM good sales growth over the quarter, good earnings yields, etc. I think that the acquisitions of pivotal and carbon black could be good for inorganic growth leading to better inhouse management www.wsj.com manage your own risk gl hf xoxo snoop
hasn't boomed as much as comparable tech/ cloud companies - can move up if volume ramps target is $35 for next few months
VMW lagging behind ANSS similar strengths, give it time
VMW price going with trend line. Possibly will go long. wait for 123 pattern for conformation. I also watching this one .
$VMW clearly broke out of the rising channel, failed to form a flag and now it ready to selloff lower.
1. $VMW formed daily strong reversal candle. 2. Insiders sold on resistance knowing something. 3. Rising bearish channel broken. 4. Tonight thousands will study $VMW chart and selling will happen from the start tomorrow.
VMW took a big tumble with over 20% drop from the ATH over the last 2 weeks. It seems to have found its bottom at around 166ish. It is very oversold on the Murrey's channel. The Master MACD is indicating it is beginning to recover. The Alpha-Omega Volatility also indicates an overall shift to bullish volatility. Warning and UP has also appeared to help confirm a...
Huge gap today. I would like a pull back (or a retest of the $65 ish neckline and then perhaps a longer term buy.
5/10/16 VMW should trigger in 1-3 days. IF if doesn't I'll cancel. If it does, it should work (move in our favor) in less than a week. If it doesn't, I'll look to exit
I Would prefer VMW to barley open above the pivot in the $54 is area for a bullish day trade. Right now, it's trading around $56. Also looks like a nice bullish gap, but I would buy the retest... could fade maybe in the morning.
I need VMW to open below 46.33 for me tomorrow morning for a bearish day trade (or bearish swing). If it doesn't I won't play it because I feel it's really extended on the daily.
Bearish volume, bearish gap, ema's are bearish, trade with the trend.
3-6 Know what I like about issues that gap up on earnings? More often than not once the dust settles they tend to build a pullback pattern offering a lower risk entry vs chasing the gap. A lot of times they'll pullback to a support zone. As you can see that is what's happening with this issue. The blue lines are support zones for stop loss and risk management...
Weakness is evident, but.. looks ovesold, Start to BUY before earnings.. from levels 76usd FIBO + SUPPORT on 72 USD Time will show!! ;-) What is your prediction?? GL