Yesterday's behavior reinforces the possibility of reaching a new high and continue to climb. The market reached its 18 days SMA and bounced to resume their upward trend. As has been constant, the volume has remained very low and the volatility goes up drop by drop.
However, were not many breakouts. What more could see is many stocks continuedtheir advance. Our system found an interesting breakout: VMWare Inc. The stock pricebroke a base built since August last year. I wish that this break would have beenaccompanied by increased volume. But given the market conditions, this may not be asimportant.
Below I show the chart of this stock.
Below I show the chart of this stock.
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