The chart mark-up below details how we view the possible LSFB short-sale set-up in VMW. The stock is currently near its 200-dma, so the optimal short-sale point would be a rally into the 65-3ma at around 87 or the 50-dma at around 89-90. This would have been better to hit when the stock met resistance four days ago at the 65-ema.
SSS - VMW Possible LSFB Short-Sale Set-Up - Chart Mark-Up
|Published:||2 Mar 2011 16:57 ET|
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