DELL
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DELL
Dell
Dell can get another visit and another try. It is trading well right now and will likely challenge the top of its base. If Dell can cross 37.20 on a close in heavy trade then the stock ought to be bought aggressively.
Start buying the stock as it crosses 36.20. I invite you to examine a daily chart and see the action in the stock over the last year. Dell is up only 5 percent this year. It is up only 6 percent in the last 52 weeks. The high made on October 18th of last year will get challenged. Dell is in a long term advance that could receive a burst of energy should the base be taken out. Volume should exceed 20 million shares.
Short covering will lift the shares as well. Pure buyers are better. Use 33.99 as a sell stop.
Dell can get another visit and another try. It is trading well right now and will likely challenge the top of its base. If Dell can cross 37.20 on a close in heavy trade then the stock ought to be bought aggressively.
Start buying the stock as it crosses 36.20. I invite you to examine a daily chart and see the action in the stock over the last year. Dell is up only 5 percent this year. It is up only 6 percent in the last 52 weeks. The high made on October 18th of last year will get challenged. Dell is in a long term advance that could receive a burst of energy should the base be taken out. Volume should exceed 20 million shares.
Short covering will lift the shares as well. Pure buyers are better. Use 33.99 as a sell stop.
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