VMware - 30d expiry - We look to Buy at 162.11 (stop at 157.11)
The primary trend remains bullish.
The lack of interest is a concern for bears.
Dips continue to attract buyers.
Further upside is expected although we prefer to buy into dips close to the 162 level.
20 1-day EMA is at 161.40.
Our profit targets will be 174.11 and 176.11
Resistance: 170.19 /...
Analyzing the options chain and the chart patterns of VMW VMware prior to the earnings report this week,
I would consider purchasing the 140usd strike price Puts with
an expiration date of 2024-1-19,
for a premium of approximately $6.15.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to...
VMware - 30d expiry - We look to Sell a break of 120.88 (stop at 124.72)
Trading has been mixed and volatile.
The medium term bias is neutral.
A break of the recent low at 121.19 should result in a further move lower.
Bearish divergence is expected to cap gains.
Short term MACD has turned negative.
Our profit targets will be 112.12 and 110.12
Resistance:...
VMware - Short Term - We look to Sell at 111.95 (stop at 115.15)
The medium-term bias remains bearish. Trading within the Wedge formation. Prices are extending lower from the bearish flag/pennant formation. We have a Gap open at 111.95 from 02/11/2022 to 03/11/2022. The preferred trade is to sell into rallies.
Our profit targets will be 96.19 and 91.55...
VMware
Intraday - We look to Buy at 110.32 (stop at 100.60)
This stock has recently been in the news headlines. Broadcom agreed to buy the company for $61B USD. Trading volume is increasing. We look for a temporary move lower. Bespoke support is located at 110.00. Dip buying offers good risk/reward.
Our profit targets will be 139.88 and 150.00...
VMware, Inc. is an American cloud computing and virtualization technology company headquartered in California. VMware was the first commercially successful company to virtualize the x86 architecture. Excellent bullish break of a head and shoulders on a monthly timeframe that can be used as an entry point on this asset.
A bullish symmetrical triangle has formed on VMW and it looks like it could breakout any day now. If a breakout does occur I believe the price will reach target 1 relatively quickly. Based on my fundamental analysis I have set a $170+ price target for VMW which is also supported by this current chart setup.
Here i take a look at some stocks I am watching for the coming week, i breakdown the current patterns i'm seeing on them and how i would play them moving forward.
If the price drops to 142.79, I would strongly recommend selling. 90 percent, we will go down if we reach this area. But if we breach 164.78 area, the rise will be the master of the situation and it will be a very strong rise, but for the time being we cannot expect what will happen. Waiting for another candle that will determine the direction the price will take
First off, please don't take anything I say seriously or as financial advice. That being said, let me get into my key points. I believe, realistically that VMWARE is at a bullish correlation for its current wave, and should quite soon within weeks pass the $135 threshold. Within a quarter or so, it also has the potential to pass the $165 price point before the...
I am looking to enter a position in VMW, as it just crossed the 200SMA with good volume, and an uptrend RSI and OBV.
They report earnings November 26th, 2019; after hours. So be aware of the event. We will get a better understanding of how much it will move closer to earnings.
CIBR, which is an ETF of cyber-security is trending higher.
Analysts have a bullish...
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...
