This morning, the leading cloud computing company VMware Inc (NYSE:VMW) is declining lower by $3.00 to $97.82 a share. The stock is now trading near its important 50-day moving average which is now around $91.62. Swing traders should now watch for daily chart support around the $96.20 level. This chart level was important support for VMware Inc stock in July. Often, this area will be defended when initially reached again.
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