Vmware, Inc. $VMW Trading Report

November 18, 2023, 11:30 am ET, BY Patrick- Contributor, Stock Traders Daily| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for VMW

• Buy VMW slightly over 149.02 target 163.48 stop loss @ 148.59 Details

The technical summary data tells us to buy VMW near 149.02 with an upside target of 163.48. This data also tells us to set a stop loss @ 148.59 to protect against excessive loss in case the stock begins to move against the trade. 149.02 is the first level of support below 149.62 , and by rule, any test of support is a buy signal. In this case, support 149.02 would be being tested, so a buy signal would exist.

• Short VMW slightly under 163.48, target 149.02, stop loss @ 163.95 Details

The technical summary data is suggesting a short of VMW as it gets near 163.48 with a downside target of 149.02. We should have a stop loss in place at 163.95though. 163.48 is the first level of resistance above 149.62, and by rule, any test of resistance is a short signal. In this case, if resistance 163.48 is being tested, so a short signal would exist.

Swing Trading Plans for VMW

• Buy VMW slightly over 151.98, target 163.48, Stop Loss @ 151.54 Details

If 151.98 begins to break higher, the technical summary data tells us to buy VMW just slightly over 151.98, with an upside target of 163.48. The data also tells us to set a stop loss @ 151.54 in case the stock turns against the trade. 151.98 is the first level of resistance above 149.62, and by rule, any break above resistance is a buy signal. In this case, 151.98, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short VMW slightly near 151.98, target 149.39, Stop Loss @ 152.42. Details

The technical summary data is suggesting a short of VMW if it tests 151.98 with a downside target of 149.39. We should have a stop loss in place at 152.42 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 151.98, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for VMW

• Buy VMW slightly over 150.63, target 151.98, Stop Loss @ 150.28 Details

If 150.63 begins to break higher, the technical summary data tells us to buy VMW just slightly over 150.63, with an upside target of 151.98. The data also tells us to set a stop loss @ 150.28 in case the stock turns against the trade. 150.63 is the first level of resistance above 149.62, and by rule, any break above resistance is a buy signal. In this case, 150.63, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short VMW slightly near 150.63, target 149.39, Stop Loss @ 150.98. Details

The technical summary data is suggesting a short of VMW if it tests 150.63 with a downside target of 149.39. We should have a stop loss in place at 150.98 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 150.63, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Check the time stamp on this data. Updated AI-Generated Signals for Vmware, Inc. (VMW) available here: VMW.

VMW Ratings for November 18:

Term →	Near	Mid	Long
Rating	Neutral	Strong	Strong
P1	0	0	149.02
P2	149.09	149.39	163.48
P3	150.63	151.98	178.35

AI Generated Signals for VMW

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Trading or Investing in Vmware, Inc. (NYSE: VMW) involves an observation of the technicals, every time.  This data reveals the current technicals.

Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for VMW change over time, so the report should be updated regularly.  Real Time updates are provided to subscribers.  Unlimited Real Time Reports.

Subscribers also receive market analysis, stock correlation tools, macroeconomic observations, timing tools, and protection from market crashes using Evitar Corte.  

Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if VMW is testing support buy signals surface, and resistance is the target.  Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly.  In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it acts as a level of risk control too.

Swing Trades, Day Trades, and Longer term Trading Plans:

This data is refined to differentiate trading plans for Day Trading, Swing Trading, and Long Term Investing plans for VMW too.  All of these are offered below the Summary Table.