I discussed VMW in chat numerous times (recommending long) however failed to realize I hadn't uploaded the chart. I found it significant that it only retraced 50% of it's rise - an indication that it could very well reverse. Sure enough it broke out of it's down channel on the weekly chart and on the daily, formed a consolidation. Today it broke out with volume. Booyah! I love it when a trade comes together. This is easily good for 10% - take a partial and let the rest run. My belief is that, over the coming months, it will eventually challenge AND surpass it's all time high.
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