Saturday, April 7, 2012

$VMW chart and setup 4/9/2012

another name that will be no trade till earnings which look to be on 18apr. level im looking at if it gets a selloff on good numbers is the weak 104ish support line..the 50day will also be near that by then.. if it pulls back to that level and holds then will look at credit put spreads at/below the 200day near 94ish. will be for a May opex, setting initial alert at 107 to get on radar.

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