Read today’s promising find and trading idea for the stock market.
The Chart of the Day belongs to the VMware (VMW). I found the stock by using Barchart.com to find “Barchart New Highs” page and then I clicked on pull-down to select stocks with new 52-week highs. I then viewed the stocks on the list with the FlipCharts feature. VMware on Monday held last Friday’s upside breakout to a new 1-1/2 year high.
VMware provides virtualization solutions from the desktop to the data center. Their solutions enable organizations to aggregate multiple servers, storage infrastructure and networks together into shared pools of capacity that can be allocated dynamically, securely and reliably to applications as needed, increasing hardware utilization and reducing spending.
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