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Vmware Inc-Cl A Bullish Moving Average Crossover Alert (VMW)

By Shiri Gupta

Vmware Inc-Cl A (NYSE:VMW) crossed over its 10-day moving average of $172.34 on a volume of 248K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Vmware Inc-Cl A has traded in a range of $129.33 to $206.41 and is now at $173.96, 35% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has declined 0.6%.

SmarTrend recommended that its subscribers protect gains by selling shares of Vmware Inc-Cl A on May 31st, 2019 by issuing a Downtrend alert when the shares were trading at $180.24. Since that call, shares of Vmware Inc-Cl A have fallen 5.2%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses vmware inc-cl a

Ticker(s): VMW