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VMware, Inc. Message Board

  • sport_of_kings_rich_kings sport_of_kings_rich_kings Feb 6, 2013 2:50 PM Flag

    VMW 5 year weekly chart is very ugly

    I am sure there is something seriously wrong here. There has not been a weekly fall like that since 2008. As for the last 3 years, there's the 1st high in July 2011, then a higher high in April 2012 BUT, the MACD does NOT exceed the July 2011 high and now a breaking down 3rd peak that is almost surely the beginning of a major year over year decline. I'm not even going to go long this stock for quick trades. From here on in I'm just shorting if I see any strength at all.

 
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