then around 70 in the Feb month? Bad January was just a preview of coming attractions for high-multiple tech like this, where there is not much protection from competitors. SatyaP at the helm now possibly at Microsoft, is from the cloud side, and everyone knows how aggressive and smart he is, in extinguishing the competition! Too many head-winds for VMW!
dow and nasdaq are bouncing back from critical levels. dow - moving average of 200. nasdaq low trending channel which was there since 2011, and vmw did build a good support around 88-88.5 a bit below the 50 days moving average which provides good support.