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Long

VMW uptrend channel confirmed

159
As chart shown, the uptrend channel started from 2017-june is confirmed. Currently(2018/07/03), VMW is trading at $161(ATH). Also, the active smart money index is another positive indication. However I see the price is overbought at short term, and it may fall down to uptrend support $151-$153. Overall speaking, from technical charting point of view, VMW is long term buy.
blacklambda
Chart PatternsTechnical IndicatorsTrend Analysis

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Chart PatternsTechnical IndicatorsTrend Analysis
blacklambda

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.