VMW uptrend channel confirmed

٥ يوليو ٢٠١٨

As chart shown, the uptrend channel started from 2017-june is confirmed. Currently(2018/07/03), VMW is trading at $161(ATH). Also, the active smart money index is another positive indication. However I see the price is overbought at short term, and it may fall down to uptrend support $151-$153. Overall speaking, from technical charting point of view, VMW is long term buy.