Comments on: Ugly chart #4: VMware, Inc. (VMW)

By: Ugly

Ugly — Thu, 29 Nov 2007 02:16:59 +0000

yeah now I actually consider it having held $75. So, I think it may have been a nice opportunity to buy. Might now be worth looking for a low-risk spot to go long.

By: contrary canary

contrary canary — Thu, 29 Nov 2007 01:59:55 +0000

VMW up 13% for the day. That does seem to be quite bullish technically. I suppose the next test will be it’s previous near term lower high of 90.68 - if it breaks through that, might be a good idea to let it be.

By: Tom

Tom — Wed, 28 Nov 2007 23:45:53 +0000

Buy Real Estate now!!!

By: Nick Fenton

Nick Fenton — Wed, 28 Nov 2007 21:14:58 +0000

Agreed that the close below 75 was ugly. Now that the stock has seen some buying interest with volume, it’s a different story. The upside momentum is strong, but I’d rather fade here than buy. If VMW dips back to the 75 level, I’ll consider going long.

By: pythagoruz

pythagoruz — Tue, 27 Nov 2007 23:54:03 +0000

Want to see an ugly chart, check out BIDZ, the IBD #2 stock for the week.