PPR - TIBX, VMW
A pair of pocket pivots:
TIBX (Tibco Software) - Out of a deep cup formation, TIBX should have no problem issuing a pocket pivot as it only needs to trade at least 3170900 shares today. The cup is deeper than normal and with the gap up/gap down nature of markets, position size with care.
VMW (Vmware) - VMW has been tracing out a choppy basing pattern and is attempting a break out in today's trade. It had three prior weeks of tight closes near the top of each week's trading range. VMW is a cloud computing stock that enables organizations to run multiple operating systems on a single computer, as well as sharing infrastructure throughout its network.
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