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Bullish Moving Average Cross by Vmware Inc-Cl A (VMW)

By Nick Russo

Vmware Inc-Cl A (NYSE:VMW) crossed over its 10-day moving average of $155.03 on a volume of 459K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Vmware Inc-Cl A share prices have moved between a 52-week high of $165.00 and a 52-week low of $87.54 and are now trading 77% above that low price at $155.15 per share. Over the past week, the 200-day moving average (MA) has gone up 0.5% while the 50-day MA has advanced 0.9%.

SmarTrend recommended that subscribers consider buying shares of Vmware Inc-Cl A on February 15th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $123.24. Since that recommendation, shares of Vmware Inc-Cl A have risen 24.6%. We continue to monitor VMW for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses vmware inc-cl a

Ticker(s): VMW