After a couple months of consolidation and bearish correction, VMWare Inc. $VMW appears to be back on the bullish track. I noted that a bearish break below $165 would likely open up more bearish correction, but I also said this would be within the context of a bullish trend. Price did break below $165, but the bearish correction did NOT extend. Price instead made a V-shape bullish reversal, likely reigniting the bullish trend.VMW Daily Chart(click to enlarge)Bulls Remain in Control:- We saw that price only briefly cracked the $165 support. Price also cracked the 200-day simple moving average (SMA), and rebounded sharply. - In hindsight, we can say that price essentially respected the 200-day SMA as well as the support area. We can also say that it was a false-break. - A false break suggests bears were weak, and this has translated into a bullish push. - Price is now breaking above that June consolidation resistance. - The RSI is pushing above 60. If bears were in control, the RSI would have likely held under 60 and price would likely have held under the $175-$180 area. - At this point, I the upside might find some resistance at $190, but I think the bulls are back in control and will eventually push to the $205 high on the year.