We have topped out our Arbitrage Band, Novice Band and Advance Band.
Expecting it to test support on the Arbitrage Band at 114.63 before the next possible/probable move up.
Our Arbitrage Advance Level is struggling to stay above the 0 line which means our Arbitrage Band itself is changing direction and slowing turning down.
VMW has been rallying since it's first new higher high on July 17th of this year. The first new lower low will confirm the new trend.
Expecting it to test support on the Arbitrage Band at 114.63 before the next possible/probable move up.
Our Arbitrage Advance Level is struggling to stay above the 0 line which means our Arbitrage Band itself is changing direction and slowing turning down.
VMW has been rallying since it's first new higher high on July 17th of this year. The first new lower low will confirm the new trend.
Comment:
Taking half off the table letting remaining 500 shares ride
Trade closed: target reached:
Good ride :)